(805 ILCS 35/8) (from Ch. 32, par. 1008)
Sec. 8.
When the applicants have completed the organization of the proposed
development credit corporation, they shall file with the Director a certificate
of organization executed by its president and attested by its secretary and
with its seal affixed thereto, certifying:
(1) the name and addresses of all of its subscribers |
| of stock, the number of shares subscribed and the number of shares fully paid for by each;
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(2) the total number of shares subscribed, but not
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(3) the total number of shares paid in full;
(4) the name and address of any depositary holding on
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| deposit any funds of the development credit corporation;
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(5) the names and addresses of the officers and
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| members of the executive committee, if any, of the development credit corporation.
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The certificate of organization of the applicant shall be accompanied by:
(1) the certificate of any named depositary
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| certifying the amount of funds on deposit to the credit of the development credit corporation;
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(2) any bylaws or resolutions which have been adopted.
(Source: P.A. 91-357, eff. 7-29-99.)
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