Illinois General Assembly - Illinois Compiled Statutes

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205 ILCS 205/11005

(205 ILCS 205/11005) (from Ch. 17, par. 7311-5)

Sec. 11005. Institution affiliated party.

As used in this
Act, the term "institution affiliated party" shall mean a
director, officer, employee, agent, or controlling stockholder
of a savings bank operating under this Act; a person who has
filed or is required to file a change-in-control application with
the Commissioner; any person subject to an order of or a party to an
agreement with the Commissioner pertaining to a savings bank; a shareholder
of, consultant to, joint venture
partner of, or an independent contractor for (including accountants,
appraisers and attorneys) any other person who participates in
a significant way in the affairs of a savings bank operating
under this Act.

(Source: P.A. 96-585, eff. 8-18-09.)