Illinois Compiled Statutes 205 ILCS 205 Savings Bank Act. Section 1007.50

    (205 ILCS 205/1007.50) (from Ch. 17, par. 7301-7.50)

    Sec. 1007.50. "Depository institution", as used in this Act, shall mean an insured depository institution as defined by Section 3(c)(2) of the Federal Deposit Insurance Act (12 U.S.C. 1813), as amended, or an insured credit union as defined by Section 101(7) of the Federal Credit Union Act (12 U.S.C. 1752(7)), as amended.

(Source: P.A. 97-492, eff. 1-1-12.)

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Last modified: February 18, 2015