Illinois Compiled Statutes 205 ILCS 205 Savings Bank Act. Section 11007

    (205 ILCS 205/11007) (from Ch. 17, par. 7311-7)

    Sec. 11007. Effect of termination or resignation of an institution-affiliated party. The resignation, termination of employment, or separation of an institution-affiliated party from the savings bank affected by the party's activities shall not affect the jurisdiction and authority of the Commissioner to issue any appropriate notice or to take any appropriate action if the notice is served within 6 years of the party's ceasing to be an institution-affiliated party of the savings bank in question.

(Source: P.A. 86-1213.)

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Last modified: February 18, 2015