Illinois Compiled Statutes 205 Financial Regulation: Article 4 - Membership

• Illinois Savings Bank Act. - 205 ILCS 205, Section 4001
  Members. (a) The membership of a mutual savings bank shall consist solely of every depositor or holder of a deposit account issued by the...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4002
  Annual and special meetings. Dates of annual meetings of members or stockholders shall be specified in the bylaws. Failure to hold an annual meeting...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4003
  Notice of meetings. (a) Notice of an annual meeting shall be published once not fewer than 10 days nor more than 40 days before...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4004
  Quorum of annual or special meetings. The articles of incorporation may specify a quorum requirement, but it may not be less than one-third of...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4005
  Voting. (a) Voting at a meeting may be either in person or by proxy executed in writing by the member or stockholder or by...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4006
  Record date for voting, dividend, and other purposes. (a) For the purposes of determining the holders of stock, capital accounts, and membership entitled to...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4007
  Proxies. (a) Voting at a meeting may be either in person or by proxy executed in writing by the member or shareholder or by...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4008
  Directors. The business and affairs of the savings bank shall be exercised by its elected board of directors. The board of directors shall consist of...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4009
  Bonds of officers and directors. (a) Every person appointed or elected to any position requiring the receipt, payment, management, or use of money belonging to...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4010
  Conduct of directors and officers. (a) Directors and officers occupy a fiduciary relationship to the savings bank of which they are directors or officers,...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4011
  Right to dissent. (a) A shareholder of a savings bank is entitled to dissent from and obtain payment for his shares in the event...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4012
  Procedure to dissent. (a) If the action giving rise to the right to dissent is to be approved at a meeting of shareholders, the notice...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4013
  Access to books and records; communication with members and shareholders. (a) Every member or shareholder shall have the right to inspect books and records of...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 4014
  Waiver of notice. Whenever any notice whatsoever is required to be given under this Act or under the provisions of the articles of incorporation...

Last modified: February 18, 2015