{"data":{"id":"us-il/205-ilcs-10-3.07","jurisdiction":"us-il","citation":"205 ILCS 10/3.07","heading":"","body":"Except as authorized under Section 3.061 of this Act, no bank holding company other than an Illinois bank holding company, may control any Illinois bank or own more than 5% of the voting shares of any Illinois bank, unless: (a) such bank holding company acquired such control or voting shares under circumstances described in (A), (B), (C), (D) or (E) of subsection (h) of Section 2 of this Act; or (b) such bank holding company qualifies under the provisions of Section 3.071.","path":["CHAPTER 205 FINANCIAL REGULATION","Illinois Bank Holding Company Act of 1957."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1179\u0026ChapterID=20\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:28Z","sha256":"09f0f9fbf47754292eec567d808104a21b52b4481adc2de6738624a9bfff2098","source_id":"us-il","stale":false,"prev":"us-il/205-ilcs-10-3.061","next":"us-il/205-ilcs-10-3.071"},"notice":"GroundRules: Original legal text. Not legal advice."}