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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB0710
Introduced 02/01/05, by Rep. Mike Boland SYNOPSIS AS INTRODUCED:
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205 ILCS 10/1 |
from Ch. 17, par. 2501 |
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Amends the Illinois Bank Holding Company Act of 1957. Makes a technical change in a Section concerning the purpose of the Act.
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A BILL FOR
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HB0710 |
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LRB094 06205 LJB 36275 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 Illinois Bank Holding Company Act of 1957 is |
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| amended by changing Section 1 as follows:
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| (205 ILCS 10/1) (from Ch. 17, par. 2501)
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| Sec. 1. It is held to be in the
the public interest that |
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| competition prevail in
the banking system, and that banking |
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| services be expanded, and to those
ends that bank holding |
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| companies be permitted to operate within this State,
but that |
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| the independence of unit banks be
protected.
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| (Source: P.A. 82-21.)
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