Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 320 - POWERS INCIDENTAL AND GERMANE TO CARRYING ON A GENERAL BANKING BUSINESS
Section 320.20 - General Banking Business
Universal Citation: 38 IL Admin Code ยง 320.20
Current through Register Vol. 48, No. 12, March 22, 2024
A state bank has the power to do a general banking business and the power to engage in activities which are incidental and germane to carrying on a general banking business (Corbett v. Devon Bank, 299 N.E. 2d 521, 529 (1973)).
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