(610 ILCS 5/15.5) (from Ch. 114, par. 16)
Sec. 15.5.
No person holding stock in any such corporation as executor,
administrator, guardian or trustee, and no person holding such stock as
collateral security, shall be personally subject to any liability as
stockholders of such corporation; but the person pledging the stock shall
be considered as holding the same, and shall be liable as a stockholder
accordingly.
(Source: P.A. 87-895.)
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