Illinois Compiled Statutes 205 Financial Regulation: Article -

• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 1
  This Act may be cited as the "Foreign Banking Office Act". (Source: P.A. 78-346.)
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2
  As used in this Act unless the context otherwise requires, the words and phrases defined in Sections 2.01 through 2.07 have the meanings ascribed...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2.01
  "Commissioner" means the Secretary of Financial and Professional Regulation or a person authorized by the Secretary, the Division of Banking Act, or this Act to...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2.02
  "State bank" means a banking corporation organized under the Illinois Banking Act. (Source: P.A. 78-346.)
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2.03
  "National Bank" means a national banking association located in the State of Illinois. (Source: P.A. 78-346.)
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2.04
  (Repealed). (Source: P.A. 86-1374. Repealed by P.A. 89-208, eff. 6-1-97.)
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2.05
  "Foreign banking corporation" means a bank organized and operating under the laws of a country other than the United States of America and not...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2.06
  "Banking office" has the same meaning as "banking house" as defined in Section 2 of the Illinois Banking Act. (Source: P.A. 78-346.)
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2.07
  "Person" means an individual, corporation, partnership, joint venture, trust, estate or incorporated association. (Source: P.A. 78-346.)
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 2.08
  Division. "Division" means the Division of Banking within the Department of Financial and Professional Regulation. (Source: P.A. 96-1365, eff. 7-28-10.)
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 3
  Certificates of authority; qualifications; rights; supervision. A foreign banking corporation, upon receipt of a certificate of authority from the Commissioner, may establish and maintain...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 3.5
  Non-English language transactions. A foreign banking corporation may conduct transactions in a language other than English through an employee or agent acting as interpreter...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 4
  Application for certificate of authority; contents. A foreign banking corporation, in order to procure a certificate of authority to establish and maintain a banking...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 5
  Documents required by the Commissioner. There shall be delivered to the Commissioner (1) duplicate originals of the application of the foreign banking corporation for...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 6
  Establishment and maintenance of banking office. Upon the issuance of a certificate of authority by the Commissioner, the foreign banking corporation may, subject to...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 7
  A foreign banking corporation holding a certificate of authority issued pursuant to this Act, whenever its articles of incorporation are amended, shall forthwith file...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 8
  A foreign banking corporation holding a certificate of authority issued pursuant to this Act, must secure an amended certificate of authority if it changes...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 9
  Registered office and agent. Each foreign banking corporation authorized to establish and maintain a banking office shall have and continuously maintain: (a) a registered...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 10
  Service of process in any suit, action or proceeding or service of any notice or demand required or permitted by law to be served...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 11
  Pledging requirements; discretion of Commissioner. A foreign banking corporation holding a certificate of authority issued pursuant to this Act may be required, when deemed...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 12
  Control by Commissioner. (a) Upon the Commissioner's taking possession, pursuant to Section 53 of the Illinois Banking Act, of the business and property in...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 13
  Each such foreign banking corporation shall hold, in this State, currency, bonds, notes, debentures, drafts, bills of exchange or other evidences of indebtedness or...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 14
  The assets held to satisfy the assets to liabilities relationship, prescribed by the Commissioner, pursuant to Section 13 of this Act shall include obligations...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 15
  (Repealed). (Source: P.A. 82-257. Repealed by P.A. 89-208, eff. 6-1-97.)
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 16
  A foreign banking corporation holding a certificate of authority issued pursuant to this Act shall be subject to the same limitations with respect to...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 17
  Fees; examination; receivership. Upon applying for a certificate of authority to open and maintain a banking office, a foreign banking corporation shall pay to the...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 18
  Powers of the Commissioner. The Commissioner shall have all of the powers granted to him under the Illinois Banking Act, to the extent appropriate...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 19
  Revocation of certificate of authority; grounds. A certificate of authority issued to a foreign banking corporation shall be revoked when voluntarily surrendered by the...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 20
  Enforcement of child support. (a) Any foreign banking corporation governed by this Act shall encumber or surrender accounts or assets held by the foreign banking...
• Illinois Foreign Banking Office Act. - 205 ILCS 645, Section 21
  Reliance on Commissioner. No foreign banking corporation or other person shall be liable under this Act for any act done or omitted in good...

Last modified: February 18, 2015