805 ILCS 35/25

805 ILCS 35/25
in effect
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(805 ILCS 35/25) (from Ch. 32, par. 1025) Sec. 25. A financial institution which does not become a member of a corporation established by this Act shall not acquire any shares of the capital stock of such corporation. This prohibition, however, shall not apply to a financial institution when acting as trustee of a bona fide trust. (Source: Laws 1965, p. 577.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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