BANKS ORGANIZE-RESERVE NAME
Synopsis of Bill as introduced:
Amends the Illinois Banking Act. Makes a technical change in a
Section concerning the application for a permit to organize a bank.
HOUSE AMENDMENT NO. 1.
Deletes reference to:
205 ILCS 5/9
Adds reference to:
205 ILCS 5/9.5 new
205 ILCS 5/10 from Ch. 17, par. 317
205 ILCS 5/16 from Ch. 17, par. 323
Replaces the title and everything after the enacting clause.
Amends the Illinois Banking Act. Authorizes applicants for a permit to
organize a bank to reserve a name. Allows the transfer of reserved
names. Removes residency requirements for directors of State banks.
Last action on Bill: PUBLIC ACT.............................. 91-0452
Last action date: 99-08-06
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status