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Illinois Compiled Statutes > 205 ILCS 305 - Illinois Credit Union Act

Illinois Compiled Statutes > Regulation > Chapter 205 > 205 ILCS 305 - Illinois Credit Union Act


Current as of: 2010
§ 1This Act may be cited as the
§ 1.1Definitions
§ 2Organization Procedure
§ 3Form of articles and bylaws
§ 4Amendments to articles of incorporation and bylaws
§ 5Place of business
§ 6Fiscal Year
§ 7Reciprocity - out of state credit unions
§ 8Secretary's powers and duties
§ 9Reports and examinations
§ 9.1Disclosures of reports of examinations and confidential supervisory...
§ 10Credit union records; member financial records
§ 10.1Retention of records
§ 11Board of credit union advisors
§ 12Regulatory fees
§ 13General powers
§ 13aNon-English language transactions
§ 14Incidental powers
§ 15Membership defined
§ 16Societies and associations
§ 16.1Service to the economically disadvantaged
§ 17Members who leave field
§ 18Liability of members
§ 19Meeting of members
§ 20Election or appointment of officials
§ 21Record of board and committee members
§ 22Vacancies
§ 23Compensation of officials
§ 24Conflicts of interest
§ 25Indemnification
§ 26Executive officers
§ 27Authority of directors
§ 28Executive committee
§ 29Meetings of directors
§ 30Duties of directors
§ 31Supervision of loans
§ 32Meetings of credit committee
§ 33Credit manager
§ 34Duties of supervisory committee
§ 34.1Compliance review
§ 35Suspension and removal of officials
§ 36Calling of special meetings
§ 37Shares and classes of shares
§ 38Dividends
§ 39Special purpose share accounts
§ 40Shares to minors
§ 41Joint accounts
§ 42Shares in trust
§ 42.5Marketing of services
§ 43Liens
§ 43.1Enforcement of child support
§ 44Share accounts; garnishment
§ 45Reduction in shares
§ 46Loans and interest rate
§ 46.1Non-recourse reverse mortgage loans
§ 46.2Reverse mortgage; disclosure
§ 47Loan applications
§ 48Loan limit
§ 49Security
§ 50Line of credit
§ 51Other loan programs
§ 52Loans to directors, officers, credit committee, credit manager,...
§ 53Loans to credit unions
§ 54Loans to associations
§ 55Insurance for members
§ 56Liability insurance for directors and officers
§ 57Group purchasing
§ 58Share insurance
§ 59Investment of funds
§ 60Reserves
§ 61Suspension
§ 62Liquidation
§ 63Merger and consolidation
§ 64Conversion of charter
§ 65Conformity with Federal Credit Union Act
§ 66Illegal loans
§ 67Use of public property
§ 68Interest, fines, not usurious-shares and loans not to be taxed
§ 69Effect of invalidity of part of this Act
§ 69.1Review under Administrative Review Law
§ 70Use of name, sentence
§ 71False statements
§ 72Repeal

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U.S. Code Provisions: Credit Unions

U.S. Code > Title 12 > Chapter 14 - Federal Credit Unions

Federal Regulations: Credit Unions

U.S. Code > Title 12 > Chapter 14 - Federal Credit Unions
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