205 ILCS 205/11005

Current through Public Act 103-1052
Section 205 ILCS 205/11005 - Institution affiliated party

As used in this Act, the term "institution affiliated party" shall mean a director, officer, employee, agent, or controlling stockholder of a savings bank operating under this Act; a person who has filed or is required to file a change-in-control application with the Commissioner; any person subject to an order of or a party to an agreement with the Commissioner pertaining to a savings bank; a shareholder of, consultant to, joint venture partner of, or an independent contractor for (including accountants, appraisers and attorneys) any other person who participates in a significant way in the affairs of a savings bank operating under this Act.

205 ILCS 205/11005

Amended by P.A. 096-0585,§ 5, eff. 8/18/2009.
P.A. 91-97, eff. 7-9-99.