Illinois Compiled Statutes 205 Financial Regulation: Article 2 - Holding Companies

• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001
  Unless the context otherwise requires, as used in this Article, the terms defined in the Sections following this Section and preceding Section 2002 shall...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001.05
  "Savings bank holding company" means any company that directly or indirectly or acting in concert with one or more other persons or through one...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001.10
  An "Illinois savings bank holding company" means a savings bank holding company whose principal place of business is in Illinois and that is not...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001.15
  An "out-of-state savings bank holding company" means a savings bank holding company whose principal place of business is in a state other than Illinois...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001.20
  "Geographic Area" means those states in which a savings bank holding company is permitted to acquire an Illinois savings bank or an Illinois savings...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001.25
  "Principal place of business" of a savings bank holding company means the state in which the total deposits of all offices of all subsidiaries...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001.30
  "Subsidiary of an individual or company" is any company that is controlled by a person or by a company that is a subsidiary of...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001.35
  (a) "Control" shall mean either ownership of stock, or the power to vote and dispose of stock in a manner that directly or indirectly...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2001.40
  Company. "Company" means any corporation, limited liability company, partnership, joint venture, trust, estate, association, or unincorporated association. (Source: P.A. 96-585, eff. 8-18-09.)
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2002
  Each savings bank holding company and each subsidiary thereof shall register with the Commissioner within 180 days after the effective date of this Act...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2003
  With respect to each savings bank holding company and each subsidiary thereof the following shall apply: (1) Each savings bank holding company and each...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2004
  Subject to the regulation of the Commissioner, a savings bank holding company may acquire control of a subsidiary savings bank or any holding company...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2005
  No savings bank holding company, other than an Illinois savings bank holding company, may control or own more than 5% of the voting shares...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2006
  An Illinois savings bank holding company may control or own more than 5% of the voting shares or rights of a savings bank or...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 2007
  (a) A savings bank, including a mutual savings bank operating under this Act, may reorganize so as to become a holding company by: (1) chartering...

Last modified: February 18, 2015