Illinois Compiled Statutes 205 Financial Regulation: Article -
- Illinois Consumer Deposit Account Act. - 205 ILCS 605, Section 0.01
Short title. This Act may be cited as the Consumer Deposit Account Act. (Source: P.A. 86-1324.)
- Illinois Consumer Deposit Account Act. - 205 ILCS 605, Section 1
Definitions. For the purposes of this Act: "Consumer-deposit account" means a demand or other similar deposit account, such as a checking, negotiable order of...
- Illinois Consumer Deposit Account Act. - 205 ILCS 605, Section 2
Identification and numbering of consumer - deposit account. For all consumer-deposit accounts opened after January 1, 1982, all new checks, drafts, or orders drawn on...
- Illinois Consumer Deposit Account Act. - 205 ILCS 605, Section 3
Disclosure statements. (a) Every financial institution shall provide a disclosure statement for each consumer-deposit account offered by the institution containing the following information: (1)...
- Illinois Consumer Deposit Account Act. - 205 ILCS 605, Section 3.5
Notification to consumer of invalidated routing number. At least 30 days before a financial institution invalidates a routing number on a consumer deposit account,...
- Illinois Consumer Deposit Account Act. - 205 ILCS 605, Section 4
(a) Every financial institution shall offer a Basic Checking Account to any natural person 65 years of age or older who requests such an...
- Illinois Consumer Deposit Account Act. - 205 ILCS 605, Section 5
(Repealed). (Source: P.A. 86-1213. Repealed by 89-364, eff. 8-18-95.)
Last modified: February 18, 2015