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Act

Foreign Banking Office Act

  • 205 ILCS 645/1— This Act may be cited as the "Foreign Banking Office Act"
  • 205 ILCS 645/2— As used in this Act unless the context otherwise requires, the words and phrases defined in Sections 2.01 through 2.07 have the meanings ascribed to them in those Sections
  • 205 ILCS 645/2.01— "Commissioner" means the Secretary of Financial and Professional Regulation or a person authorized by the Secretary, the Division of Banking Act, or this Act to act in the Secretary's stead
  • 205 ILCS 645/2.02— "State bank" means a banking corporation organized under the Illinois Banking Act
  • 205 ILCS 645/2.03— "National Bank" means a national banking association located in the State of Illinois
  • 205 ILCS 645/2.04— (Repealed)
  • 205 ILCS 645/2.05— "Foreign banking corporation" means a bank organized and operating under the laws of a country other than the United States of America and not directly or indirectly owned or controlled by United States citizens or by a corporation organized under the laws of the United States of America
  • 205 ILCS 645/2.06— "Banking office" has the same meaning as "banking house" as defined in Section 2 of the Illinois Banking Act
  • 205 ILCS 645/2.07— "Person" means an individual, corporation, partnership, joint venture, trust, estate or incorporated association
  • 205 ILCS 645/2.08— Division
  • 205 ILCS 645/3— Certificates of authority; qualifications; rights; supervision
  • 205 ILCS 645/3.5— Non-English language transactions
  • 205 ILCS 645/4— Application for certificate of authority; contents
  • 205 ILCS 645/5— Documents required by the Commissioner
  • 205 ILCS 645/6— Establishment and maintenance of banking office
  • 205 ILCS 645/7
  • 205 ILCS 645/8
  • 205 ILCS 645/9— Registered office and agent
  • 205 ILCS 645/10
  • 205 ILCS 645/11— Pledging requirements; discretion of Commissioner
  • 205 ILCS 645/12— Control by Commissioner
  • 205 ILCS 645/13
  • 205 ILCS 645/14
  • 205 ILCS 645/15— (Repealed)
  • 205 ILCS 645/16— A foreign banking corporation holding a certificate of authority issued pursuant to this Act shall be subject to the same limitations with respect to the payment of interest on deposits as a State bank which is a member of the Federal Reserve System
  • 205 ILCS 645/17— Fees; examination; receivership
  • 205 ILCS 645/18— Powers of the Commissioner
  • 205 ILCS 645/19— Revocation of certificate of authority; grounds
  • 205 ILCS 645/20— Enforcement of child support
  • 205 ILCS 645/21— Reliance on Commissioner