The right of an agency of the United States insuring deposits to be subrogated to the rights of depositors upon payment of their claim shall not be less extensive than the law of the United States requires as a condition of the authority to issue such insurance or make such payment.
205 ILCS 5/63
Insured deposits; subrogation
Known as the Illinois Banking Act
The act spans §§ 205-5-1 to 205-5-9-5 (121 sections).
Laws 1955, p. 83.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.