Illinois Compiled Statutes 205 Financial Regulation: Article 7 - Deposit Accounts

• Illinois Savings Bank Act. - 205 ILCS 205, Section 7001
  Definitions. As used in this Article, the following terms have the following meanings. "Deposit accounts" means certificates of deposit, withdrawable deposits, savings accounts, demand...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 7002
  Deposit accounts. All savings banks subject to this Act may receive deposits of funds subject to withdrawals or that are to be paid upon...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 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...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 7004
  Payment of interest. (a) The board of directors shall determine the rate and amount of interest to be paid on deposit accounts and, for...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 7005
  Holders of deposit accounts. Deposit accounts of a savings bank may be held as follows: (1) by any individual in his own right, regardless...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 7006
  Prohibited activities. (a) No savings bank shall participate, directly or indirectly, in the sale or transfer of any equity or debt security or instrument...
• Illinois Savings Bank Act. - 205 ILCS 205, Section 7007
  Enforcement of child support. (a) Any savings bank governed by this Act shall encumber or surrender accounts or assets held by the savings bank on...

Last modified: February 18, 2015