Illinois Compiled Statutes 205 ILCS 205 Savings Bank Act. Section 1007.105

    (205 ILCS 205/1007.105) (from Ch. 17, par. 7301-7.105)

    Sec. 1007.105. "Service corporation" means any corporation or limited liability company that is 51% or more owned by one or more savings banks, or by savings banks and other depository institutions, whose purposes are reasonably incident to the accomplishment of the powers conferred upon savings banks by this Act.

(Source: P.A. 91-97, eff. 7-9-99; 91-929, eff. 12-15-00.)

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Last modified: February 18, 2015