The Illinois Bankers Association is pushing state lawmakers to protect officers and directors from lawsuits relating to year-2000 conversions.

The trade group has drafted legislation that would allow customers to sue only the bank-not individual employees, officers, or directors-should its computer system malfunction on Jan. 1, 2000.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.