Illinois Compiled Statutes 205 ILCS 5 Illinois Banking Act. Section 63

    (205 ILCS 5/63) (from Ch. 17, par. 375)

    Sec. 63. Insured deposits; subrogation. The right of an agency of the United States insuring deposits to be subrogated to the rights of depositors upon payment of their claim shall not be less extensive than the law of the United States requires as a condition of the authority to issue such insurance or make such payment.

(Source: Laws 1955, p. 83.)

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Last modified: February 18, 2015