{"data":{"id":"us-il/205-ilcs-305-5","jurisdiction":"us-il","citation":"205 ILCS 305/5","heading":"Place of business.","body":"(1) A credit union may change its principal place of business within this State upon 45 days prior written notice to the Department, provided that a credit union with a neighborhood or community common bond may not relocate its principal place of business outside of its neighborhood or community.\n(2) A credit union may share office space with one or more credit unions and contract with any person, firm or corporation, including another credit union, to provide facilities or personnel.","path":["CHAPTER 205 FINANCIAL REGULATION","Illinois Credit Union Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1185\u0026ChapterID=20\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:29Z","sha256":"0908eca3a2ab26b89062eab620ff1f93857cf7ab3c232f8367f6e690b035b21e","source_id":"us-il","stale":false,"prev":"us-il/205-ilcs-305-4","next":"us-il/205-ilcs-305-6"},"notice":"GroundRules: Original legal text. Not legal advice."}