Bill Status of SB1222 100th General Assembly
Short Description: FOREIGN BANKS-DEFINITION
Sen. Michael Connelly
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Foreign Bank Representative Office Act. Removes from the definition of "foreign bank" a bank, savings association, or trust company which is organized in a state or territory of the United States, including the District of Columbia, outside of the State of Illinois and a national bank having its principal place of business in a state or territory of the United States, including the District of Columbia, other than the State of Illinois. Effective immediately.