205 ILCS 305/5

Current through Public Act 103-1052
Section 205 ILCS 305/5 - Place of business
(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.
(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.

205 ILCS 305/5

P.A. 81-329; 91-131, eff. 7/16/1999.