Illinois Compiled Statutes - Full Text
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(205 ILCS 205/4003) (from Ch. 17, par. 7304-3)
Sec. 4003.
Notice of meetings.
(a) Notice of an annual meeting shall be published once
not fewer than 10 days nor more than 40 days before the date
of the meeting. The notice shall also be displayed at the
place of business of the savings bank in a manner to be
prescribed by the Commissioner. The notice must state the
time, place, and purpose of the meeting.
(b) For any special meeting or for any annual meeting
that is to consider any proposition that requires an
affirmative vote of two-thirds of the members or stockholders or any
proposition to amend the articles of incorporation of the savings bank, the
notice must be by mail, postmarked between 10 and 40 days
before the date of the meeting, and must also be posted at the
savings bank's offices as if for an annual meeting, beginning
on the date notice is given. All notices must state the time,
place, and purpose of the meeting.
(Source: P.A. 89-74, eff. 6-30-95.)
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