A credit union may make loans to other credit unions if so provided and within the limits set forth in a policy adopted by the board of directors.
205 ILCS 305/53
Loans to credit unions
Known as the Illinois Credit Union Act
The act spans §§ 205-305-1 to 205-305-9-1 (91 sections).
P.A. 100-361, eff. 8-25-17.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.