Illinois Statutes
§ 2006
Illinois·Topic REGULATION·Ch. 205 FINANCIAL REGULATION·Act 205 ILCS 205/ Savings Bank Act.·Art. Article 2 - Holding Companies
An Illinois savings bank holding company may control or own more than 5% of the voting shares or rights of a savings bank or savings bank holding company only if the principal place of business of the savings bank or savings bank holding company is located in the same Geographic Area, as defined in this Article.
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 2006 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 86-1213.)
Nearby Sections
15
§ 20-10
Examination§ 20-15
Books and records§ 20-20
Regulatory cooperation§ 20-25
Material business changes§ 20-30
Change in control§ 20-35
Mergers§ 20-40
Investigation of complaints§ 20-5
§ 20-5§ 20-50
Enforcement actions§ 20-55
Violations§ 20-60
Hearings§ 20-65
Hearing rules§ 20-70
Civil penalties