§ 1 This Act may be cited as the “Foreign Banking Office Act”
§ 2 As used in this Act unless the context otherwise requires, the words …
§ 2.01 “Commissioner” means the Secretary of Financial and Professional …
§ 2.02 “State bank” means a banking corporation organized under the Illinois …
§ 2.03 “National Bank” means a national banking association located in the …
§ 2.05 “Foreign banking corporation” means a bank organized and operating …
§ 2.06 “Banking office” has the same meaning as “banking house” as defined …
§ 2.07 “Person” means an individual, corporation, partnership, joint …
§ 2.08 Division
§ 3 Certificates of authority; qualifications; rights; supervision. A …
§ 3.5 Non-English language transactions
§ 4 Application for certificate of authority; contents
§ 5 Documents required by the Commissioner
§ 6 Establishment and maintenance of banking office
§ 7 A foreign banking corporation holding a certificate of authority …
§ 8 A foreign banking corporation holding a certificate of authority …
§ 9 Registered office and agent
§ 10 Service of process in any suit, action or proceeding or service of …
§ 11 Pledging requirements; discretion of Commissioner
§ 12 Control by Commissioner
§ 13 Each such foreign banking corporation shall hold, in this State, …
§ 14 The assets held to satisfy the assets to liabilities relationship, …
§ 16 A foreign banking corporation holding a certificate of authority …
§ 17 Fees; examination; receivership
§ 18 Powers of the Commissioner
§ 19 Revocation of certificate of authority; grounds
§ 20 Enforcement of child support
§ 21 Reliance on Commissioner

Terms Used In Illinois Compiled Statutes > 205 ILCS 645 - Foreign Banking Office Act

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Executor: A male person named in a will to carry out the decedent
  • 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
  • Fiduciary: A trustee, executor, or administrator.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Month: means a calendar month, and the word "year" a calendar year unless otherwise expressed; and the word "year" alone, is equivalent to the expression "year of our Lord. See Illinois Compiled Statutes 5 ILCS 70/1.10
  • 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
  • Petty offense: A federal misdemeanor punishable by six months or less in prison. Source: U.S. Courts
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
  • Subpoena: A command to a witness to appear and give testimony.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Venue: The geographical location in which a case is tried.