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20 ILCS 1205/8

Duties of the Secretary

Known as the Financial Institutions Act

The act spans §§ 20-1205-1 to 20-1205-9 (22 sections).

P.A. 103-1014, eff. 8-9-24.

The Secretary shall direct and supervise all Department administrative and technical activities, in addition to the duties imposed upon the Secretary elsewhere in this Act, and shall: (1) Apply and carry out this Act and the laws and all rules adopted in pursuance thereof. (2) Appoint, subject to the provisions of the Personnel Code, such employees of the Division and such experts and special assistants as may be necessary to carry out effectively the provisions of this Act. (3) Foster and develop programs with financial institutions, for the best interests of these institutions, their services, and the People of the State of Illinois. (4) Attend meetings of the Advisory Boards created by laws relating to financial institutions. (5) Perform any other lawful acts that the Secretary may consider necessary or desirable to carry out the purposes and provisions of this Act.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.