Organization capital requirements

205 ILCS 5/7, under Illinois Banking Act.

205 ILCS 5/7

(205 ILCS 5/7) (from Ch. 17, par. 314)

    Sec. 7. Organization capital requirements. A bank may be organized to exercise the powers conferred by this Act with minimum capital and surplus as determined by the Commissioner.

(Source: P.A. 92-483, eff. 8-23-01.)