Upon receipt of the certificate of preliminary approval the applicants may proceed to complete the organization of the development credit corporation, to obtain subscriptions for and payment of its capital stock, and do all other things necessarily incidental and preliminary to its transacting business.
805 ILCS 35/7
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.