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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB0667
Introduced 2/6/2009, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
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205 ILCS 610/3 |
from Ch. 17, par. 1003 |
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Amends the Banking Emergencies Act. Makes a technical change in a Section
relating to notice to the Commissioner of Banks and Real Estate.
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A BILL FOR
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SB0667 |
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LRB096 06727 MJR 16811 b |
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| AN ACT concerning regulation.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Banking Emergencies Act is amended by |
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| changing Section 3 as follows:
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| (205 ILCS 610/3) (from Ch. 17, par. 1003)
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| Sec. 3.
Notice
to Commissioner and
and the Public.
A bank |
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| closing an office or offices pursuant to the authority granted
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| herein under this Act shall give as prompt notice of its action |
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| as
conditions will permit and by any means available, to the |
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| Commissioner, or
in the case of a national bank, to the |
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| Comptroller of the Currency. In
addition the bank shall post |
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| notice of the temporary closing and the
authorization for the |
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| closing on the main entrance doors of the bank
affected. |
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| (Source: P.A. 77-1782.)
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