Illinois Compiled Statutes 205 ILCS 205 Savings Bank Act. Section 7003

    (205 ILCS 205/7003) (from Ch. 17, par. 7307-3)

    Sec. 7003. Deposit accounts subject to liens. Every deposit account shall be subject to a lien for the payment of charges as lawfully may accrue thereon under the provisions of this Act, and the bylaws may prescribe the manner of enforcing the lien; but no deposit account shall be assessable for any debts or losses of the savings bank.

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

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Last modified: February 18, 2015