House Sponsors: MEYER-BUGIELSKI-BIGGINS-RIGHTER. Senate Sponsors: WALSH,T-DEL VALLE Short description: BANKS ORGANIZE-RESERVE NAME Synopsis of Bill as introduced: Amends the Illinois Banking Act. Makes a technical change in a Section concerning the application for a permit to organize a bank. HOUSE AMENDMENT NO. 1. Deletes reference to: 205 ILCS 5/9 Adds reference to: 205 ILCS 5/9.5 new 205 ILCS 5/10 from Ch. 17, par. 317 205 ILCS 5/16 from Ch. 17, par. 323 Replaces the title and everything after the enacting clause. Amends the Illinois Banking Act. Authorizes applicants for a permit to organize a bank to reserve a name. Allows the transfer of reserved names. Removes residency requirements for directors of State banks. Last action on Bill: PUBLIC ACT.............................. 91-0452 Last action date: 99-08-06 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status