TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 190 ILLINOIS CREDIT UNION ACT
SECTION 190.185 INVESTMENT IN "OTHER FINANCIAL INSTITUTIONS"


 

Section 190.185 Investment in "Other Financial Institutions"

 

For purposes of Section 59(a)(7) of the Act, the term "other financial institution" means a bank established under the laws of this or any other state or established under the laws of the United States, a savings and loan association or savings bank established under the laws of this or any other state or established under the laws of the United States, a credit union established under the laws of this or any other state or established under the laws of the United States, a licensee under the Sales Finance Agency Act [205 ILCS 660] or an insurance company.

 

(Source:  Added at 37 Ill. Reg. 12450, effective July 16, 2013)