205 ILCS 205/5006

Current through Public Act 103-1052
Section 205 ILCS 205/5006 - 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.

205 ILCS 205/5006

P.A. 86-1213.