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Illinois · Through at least Public Act 104-790

805 ILCS 35/25

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Where this section sits in the code
  1. CHAPTER 805 BUSINESS ORGANIZATIONS
  2. Illinois Development Credit Corporation Act.

A financial institution which does not become a member of a corporation established by this Act shall not acquire any shares of the capital stock of such corporation. This prohibition, however, shall not apply to a financial institution when acting as trustee of a bona fide trust.

Collected 2026-09-15T04:46:47Z. Source file · JSON

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