91st General Assembly
Summary of HB2494
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Short description: 
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

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


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