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205 ILCS 205/1007.85

Known as the Savings Bank Act

The act spans §§ 205-205-1001 to 205-205-1010 (43 sections).

P.A. 86-1213.

"Marketable investment securities" means investment grade marketable obligations evidencing indebtedness of any person in the form of bonds, notes, or debentures, commonly known as investment securities, of a type customarily sold on recognized exchanges or traded over the counter, but does not include stocks.

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