GroundRules
205 ILCS 205/6010: Prohibited loans.
Where this section sits in the code
- CHAPTER 205 FINANCIAL REGULATION
- Savings Bank Act.
No savings bank may make a loan to any person owning 10% or more of its capital stock, any affiliated person, agent, or attorney of the savings bank, either individually or as an agent or partner of another, except in accordance with laws and regulations applicable to similar transactions to which banks are subject.
Collected 2026-09-15T04:46:29Z. Source file · JSON