§ 205 ILCS 10/1 It is held to be in the public interest that competition prevail in …
§ 205 ILCS 10/2 Unless the context requires …
§ 205 ILCS 10/3.02 Unlawful acts; exceptions
§ 205 ILCS 10/3.061 Any bank holding company which was registered with the Federal …
§ 205 ILCS 10/3.07 Except as authorized under Section 3.061 of this Act, no bank holding …
§ 205 ILCS 10/3.071 Out of state bank holding companies
§ 205 ILCS 10/3.072 The Commissioner shall have the authority to examine an out of state …
§ 205 ILCS 10/3.074 Powers; administrative review
§ 205 ILCS 10/3.075 Reliance on Commissioner
§ 205 ILCS 10/3.08 Acquisition of trust companies
§ 205 ILCS 10/3.09 Acquisition; deposit concentration limits
§ 205 ILCS 10/3.10 Non-English language transactions
§ 205 ILCS 10/3.1 The Commissioner may appoint a suitable person or persons to make an …
§ 205 ILCS 10/5 Partial invalidity
§ 205 ILCS 10/7 This Act may be cited as the Illinois Bank Holding Company Act of …

Terms Used In Illinois Compiled Statutes > 205 ILCS 10 - Illinois Bank Holding Company Act of 1957

  • Community Reinvestment Act: The Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977. Source: OCC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Donor: The person who makes a gift.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Oath: A promise to tell the truth.
  • oath: shall be deemed to include an affirmation, and the word "sworn" shall be construed to include the word "affirmed. See Illinois Compiled Statutes 5 ILCS 70/1.12
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Subpoena: A command to a witness to appear and give testimony.
  • Trustee: A person or institution holding and administering property in trust.
  • Units of local government: has the meaning established in Section 1 of Article VII of the Constitution of the State of Illinois of 1970. See Illinois Compiled Statutes 5 ILCS 70/1.28
  • Venue: The geographical location in which a case is tried.