Foreign Banking Office Act

Sections covered

• 205 ILCS 645/1This Act may be cited as the "Foreign Banking Office Act"
• 205 ILCS 645/10Financial Regulation › 205 ILCS 645 — Foreign Banking Office Act
• 205 ILCS 645/11Pledging requirements; discretion of Commissioner
• 205 ILCS 645/12Control by Commissioner
• 205 ILCS 645/13Financial Regulation › 205 ILCS 645 — Foreign Banking Office Act
• 205 ILCS 645/14Financial Regulation › 205 ILCS 645 — Foreign Banking Office Act
• 205 ILCS 645/15(Repealed)
• 205 ILCS 645/16A 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 645/17Fees; examination; receivership
• 205 ILCS 645/18Powers of the Commissioner
• 205 ILCS 645/19Revocation of certificate of authority; grounds
• 205 ILCS 645/2As 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 645/20Enforcement of child support
• 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• 205 ILCS 645/2.04(Repealed)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 645/2.08Division
• 205 ILCS 645/21Reliance on Commissioner
• 205 ILCS 645/3Certificates of authority; qualifications; rights; supervision
• 205 ILCS 645/3.5Non-English language transactions
• 205 ILCS 645/4Application for certificate of authority; contents
• 205 ILCS 645/5Documents required by the Commissioner
• 205 ILCS 645/6Establishment and maintenance of banking office
• 205 ILCS 645/7Financial Regulation › 205 ILCS 645 — Foreign Banking Office Act
• 205 ILCS 645/8Financial Regulation › 205 ILCS 645 — Foreign Banking Office Act
• 205 ILCS 645/9Registered office and agent