Illinois Compiled Statutes 205 ILCS 650 Foreign Bank Representative Office Act. Section 3

    (205 ILCS 650/3) (from Ch. 17, par. 2853)

    Sec. 3. No person, copartnership, association, corporation or other entity shall establish or maintain a representative office in this State on behalf of one or more foreign banks unless the foreign bank to be represented has obtained a license from the Commissioner.

(Source: P.A. 83-267.)

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Last modified: February 18, 2015