(755 ILCS 5/21-1.03) (from Ch. 110 1/2, par. 21-1.03)
Sec. 21-1.03.
Savings accounts or certificates of deposit of a state bank
or a national
bank doing business in Illinois to the extent that the deposits are insured by the
United States or any agency thereof, even though the bank of deposit is
the representative
of the estate, but this authority does not affect the power of a representative
to establish a checking account or continue in his or the decedent's
name a decedent's savings deposit, time certificate of deposit or
checking account in any amount.
(Source: P.A. 79-328.)
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