Who may hold capital

205 ILCS 205/5006, under Capital.

205 ILCS 205/5006

(205 ILCS 205/5006) (from Ch. 17, par. 7305-6)

    Sec. 5006. Who may hold capital. Capital stock of a savings bank may be held:

        (1) By any individual in his own right, regardless of     age or marital status, or by 2 or more individuals.

        (2) By a fiduciary when authorized by law.

        (3) By a government or governmental instrumentality     when authorized by law.

        (4) By any corporation or other person when not     prohibited by law. (Source: P.A. 86-1213.)