(205 ILCS 5/74)
(from Ch. 17, par. 386)
Voluntary dissolution; termination of charter.
Upon being satisfied that the affairs of a state bank have been wound up
pursuant to a resolution of dissolution and after 6 years from the
day on which publication of a resolution of dissolution by the
Commissioner was accomplished, or 2 years in the case of voluntary
dissolution of a bank pursuant to Section 74.5, he shall issue his
certificate of cancellation of the charter
of the dissolving bank and its corporate existence shall then and thereupon
terminate. This certificate shall be recorded by the Commissioner and the
original or a certified copy thereof shall be evidence in all courts of the
termination of the charter of a bank.
(Source: P.A. 89-364, eff. 8-18-95.)