Act

Illinois Credit Union Act

205 ILCS 305/1— This Act may be cited as the Illinois Credit Union Act
205 ILCS 305/1.1— Definitions
205 ILCS 305/2— Organization procedure
205 ILCS 305/3— Form of articles and bylaws
205 ILCS 305/4— Amendments to articles of incorporation and bylaws
205 ILCS 305/5— Place of business
205 ILCS 305/6— Fiscal Year
205 ILCS 305/7— Reciprocity; out-of-state credit unions
205 ILCS 305/8— Secretary's powers and duties
205 ILCS 305/9— Reports and examinations
205 ILCS 305/9.1— Disclosures of reports of examinations and confidential supervisory information; limitations
205 ILCS 305/10— Credit union records; member financial records
205 ILCS 305/10.1— Retention of records
205 ILCS 305/10.2— Electronic records
205 ILCS 305/11— Board of credit union advisors
205 ILCS 305/12— Regulatory fees
205 ILCS 305/13— General powers
205 ILCS 305/13a— Non-English language transactions
205 ILCS 305/14— Incidental powers
205 ILCS 305/15— Membership defined
205 ILCS 305/16— Societies and associations
205 ILCS 305/16.1— Service to the economically disadvantaged
205 ILCS 305/16.5— Service to target markets
205 ILCS 305/17— Members who leave field
205 ILCS 305/18— Liability of members
205 ILCS 305/19— Meeting of members
205 ILCS 305/20— Election or appointment of officials
205 ILCS 305/20.5— Appointment of associate directors
205 ILCS 305/21— Record of board and committee members
205 ILCS 305/22— Vacancies
205 ILCS 305/23— Compensation of officials
205 ILCS 305/24— Conflicts of interest
205 ILCS 305/25— Indemnification
205 ILCS 305/26— Executive officers
205 ILCS 305/27— Authority of directors
205 ILCS 305/28— Executive committee
205 ILCS 305/29— Meetings of directors
205 ILCS 305/30— Duties of directors
205 ILCS 305/31— Supervision of loans
205 ILCS 305/32— Meetings of credit committee
205 ILCS 305/33— Credit manager
205 ILCS 305/34— Duties of supervisory committee
205 ILCS 305/34.1— Compliance review
205 ILCS 305/35— Suspension and removal of officials
205 ILCS 305/36— Calling of special meetings
205 ILCS 305/37— Shares and classes of shares
205 ILCS 305/38— Dividends
205 ILCS 305/39— Special purpose share accounts; charitable donation accounts
205 ILCS 305/40— Shares to minors
205 ILCS 305/41— Joint accounts
205 ILCS 305/42— Shares in trust
205 ILCS 305/42.5— Marketing of services
205 ILCS 305/42.7— Savings promotion raffle
205 ILCS 305/43— Liens
205 ILCS 305/43.1— Enforcement of child support
205 ILCS 305/44— Share accounts; garnishment
205 ILCS 305/44.1— Unclaimed property; dormancy or escheat fee
205 ILCS 305/45— Reduction in shares
205 ILCS 305/46— Loans and interest rate
205 ILCS 305/46.1— (Repealed)
205 ILCS 305/46.2— (Repealed)
205 ILCS 305/47— Loan applications
205 ILCS 305/48— Loan limit
205 ILCS 305/49— Security
205 ILCS 305/50— Line of credit
205 ILCS 305/51— Other loan programs
205 ILCS 305/52— Loans to directors, officers, credit committee, and supervisory committee members
205 ILCS 305/53— Loans to credit unions
205 ILCS 305/54— Loans to associations
205 ILCS 305/55— Insurance for members
205 ILCS 305/56— Liability insurance for directors and officers
205 ILCS 305/57— Group purchasing and marketing
205 ILCS 305/57.1— Services to other credit unions
205 ILCS 305/58— Share insurance
205 ILCS 305/59— Investment of funds
205 ILCS 305/60— Reserves
205 ILCS 305/61— Suspension
205 ILCS 305/62— Liquidation
205 ILCS 305/63— Merger and consolidation
205 ILCS 305/64— Conversion of charter
205 ILCS 305/64.5— Continuation of corporate entity
205 ILCS 305/64.7— Network credit unions
205 ILCS 305/65— Conformity with Federal Credit Union Act
205 ILCS 305/66— Illegal loans
205 ILCS 305/67— Use of public property
205 ILCS 305/68— Interest, fines, not usurious-shares and loans not to be taxed
205 ILCS 305/69— Effect of invalidity of part of this Act
205 ILCS 305/69.1— Review under Administrative Review Law
205 ILCS 305/70— Use of name, sentence
205 ILCS 305/71— False statements
205 ILCS 305/72— Repeal