Illinois Compiled Statutes 205 ILCS 650 Foreign Bank Representative Office Act. Section 8

    (205 ILCS 650/8)

    Sec. 8. Powers of the Commissioner. The Commissioner shall have under this Act all of the powers granted to him under the Illinois Banking Act, including the authority to impose a reasonable charge to recover the cost of an examination conducted by the Commissioner, to the extent necessary to enable the Commissioner to supervise the representative office of a foreign bank holding a license.

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

Sections:  Previous  1  2  3  4  5  6  7  7.5  8

Last modified: February 18, 2015