(205 ILCS 205/8001) (from Ch. 17, par. 7308-1)
Sec. 8001.
Amendment of articles and bylaws.
A savings bank may amend its articles of incorporation
or bylaws in accordance with the procedure set forth in this
Article, but those articles and bylaws shall conform to all legal
requirements pertaining to savings banks. No amended article or
bylaw shall affect any existing cause of action or pending action
to which the savings bank may be a party or existing rights of
persons other than the members or stockholders of the savings bank.
Any number of amendments may be submitted and voted upon at any one
meeting of the members, stockholders, or board of directors.
(Source: P.A. 86-1213.)
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