205 ILCS 205/5006

in effect

(205 ILCS 205/5006) (from Ch. 17, par. 7305-6) Sec. 5006. Who may hold capital. Capital stock of a savings bank may be held: (1) By any individual in his own right, regardless of age or marital status, or by 2 or more individuals. (2) By a fiduciary when authorized by law. (3) By a government or governmental instrumentality when authorized by law. (4) By any corporation or other person when not prohibited by law. (Source: P.A. 86-1213.)

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026