(b) Whenever a trust company shall effect a conversion into a State bank
pursuant to Section 30 of the Illinois Banking Act, it shall forthwith file
with the Secretary of State a copy of the certificate of conversion duly
authenticated by the Commissioner of Banks and Real Estate. The filing fee
shall be the same as for filing articles of merger.
(c) For the purpose of this Section 11.32, a "trust company" means a
corporation organized under this Act for the purpose of accepting and executing
trusts.
(Source: P.A. 90-301, eff. 8-1-97.)
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