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Economic Perspectives, Vol. 10, No. March/April, 1986
Wealth Effect of Geographical Deregulation: The Case of Illinois
In 1981, bank holding companies in Illinois were granted the legal authority to operate more than one full-service banking office through the acquisition of additional banks. Thus, although a single bank is limited to one full-service office, a bank holding company (BHC) could establish a network of such offices in specific regions in the state.
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