Illinois Compiled Statutes 205 ILCS 5 Illinois Banking Act. Section 8

    (205 ILCS 5/8) (from Ch. 17, par. 315)

    Sec. 8. Incorporators. A State bank may be organized on application by 5 or more incorporators who shall be individuals except that a bank holding company may be the sole incorporator of a State bank.

(Source: P.A. 92-483, eff. 8-23-01.)

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Last modified: February 18, 2015