Illinois Compiled Statutes 205 Financial Regulation: Article -
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 1
It is held to be in the public interest that competition prevail in the banking system, and that banking services be expanded, and to...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 2
Unless the context requires otherwise: (a) "Bank" means any national banking association or any bank, banking association or savings bank, whether organized under the laws...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.02
Unlawful acts; exceptions. (a) Except as otherwise provided in this Act, it shall be unlawful: (1) for any action to be taken that causes...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.05
(Repealed). (Source: Repealed by P.A. 88-546.)
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.06
(Repealed). (Source: Repealed by P.A. 88-546.)
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.061
Any bank holding company which was registered with the Federal Reserve Board as a bank holding company as of December 31, 1981, and as...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.07
Except as authorized under Section 3.061 of this Act, no bank holding company other than an Illinois bank holding company, may control any Illinois...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.071
Out of state bank holding companies. (a) An out of state bank holding company may acquire ownership of more than 5% of the voting shares...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.072
The Commissioner shall have the authority to examine an out of state bank holding company which has an application pending under paragraph (2) of...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.073
(Repealed). (Source: P.A. 84-1123. Repealed by P.A. 89-208, eff. 9-29-95.)
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.074
Powers; administrative review. (a) The Secretary shall have the power and authority: (1) to promulgate reasonable rules for the purposes of administering the provisions of...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.075
Reliance on Commissioner. No bank holding company or other person shall be liable under this Act for any act done or omitted in good...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.08
Acquisition of trust companies. Any bank holding company may own, acquire or control, directly or indirectly, a corporation which has been or shall be...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.09
Acquisition; deposit concentration limits. (a) Except as otherwise expressly provided in this Section, no bank holding company shall acquire control of, or acquire all...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.10
Non-English language transactions. A bank holding company may conduct transactions in a language other than English through an employee or agent acting as interpreter...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 3.1
The Commissioner may appoint a suitable person or persons to make an examination of the affairs of any company that directly or indirectly owns...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 5
Partial invalidity. If any provision of this Act, or the application of such provision to any person or circumstances, shall be held invalid, the...
- Illinois Bank Holding Company Act of 1957. - 205 ILCS 10, Section 7
This Act may be cited as the Illinois Bank Holding Company Act of 1957. (Source: P.A. 86-1475.)
Last modified: February 18, 2015