Illinois Compiled Statutes 205 ILCS 5 Illinois Banking Act. Section 16.5

    (205 ILCS 5/16.5)

    Sec. 16.5. Employment of persons with convictions. Except with the prior written consent of the Commissioner, no State bank shall knowingly employ or otherwise permit an individual to serve as an officer, director, employee, or agent of the State bank if the individual has been convicted of a felony or of any criminal offense relating to dishonesty or breach of trust.

(Source: P.A. 90-301, eff. 8-1-97.)

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Last modified: February 18, 2015