This prohibition, however, shall not apply to a financial institution when acting as trustee of a bona fide trust.
805 ILCS 35/25
A financial institution which does not become a member of a corporation established by this Act shall not acquire any shares of the capital stock of such corporation
Known as the Illinois Development Credit Corporation Act
The act spans §§ 805-35-1 to 805-35-9 (29 sections).
Laws 1965, p. 577.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.