Illinois Statutes

§ 10080 — Insured deposits; subrogation

Illinois·Topic REGULATION·Ch. 205 FINANCIAL REGULATION·Act 205 ILCS 205/ Savings Bank Act.·Art. Article 10 - Involuntary Liquidation
The right of an agency of the United States insuring deposits to be subrogated to the rights of depositors upon payment of their claim shall not be less extensive than the law of the United States requires as a condition of the authority to issue such insurance or make such payment.

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Legislative History

(Source: P.A. 96-1365, eff. 7-28-10.)

Nearby Sections

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