Illinois · Through at least Public Act 104-790

205 ILCS 205/1009: Status as IRS qualified thrift lender.

Where this section sits in the code

CHAPTER 205 FINANCIAL REGULATION
Savings Bank Act.

All savings banks operating under this Act must qualify for either the 60% asset test of Section 7701 (a)(19) of the Internal Revenue Code of 1986 and any amendments thereto or an asset test as prescribed by regulations of the Commissioner.

Collected 2026-09-15T04:46:29Z. Source file · JSON

Browse this collection