Illinois Code § 3006
Illinois Code § 3006. Reproduced from the official Illinois Compiled Statutes, with a citation summary, verification link, and related provisions.
§ 3006.
Temporary organization and capital subscriptions. (a) Each applicant shall become a member of the organization committee and shall elect officers and directors of the savings bank in organization. (b) The officers and directors shall secure subscriptions for capital in the form of pledges to purchase stock. (c) The officers and directors shall prepare articles of incorporation, bylaws, and other items as required by regulation of the Commissioner. (d) The directors shall apply for insurance of accounts and advise the Commissioner of each filing, conference, and all correspondence accompanying and required by a filing. (e) The officers and directors shall take any other actions necessary to complete organization. (f) The officers and directors shall furnish the Commissioner with the names and addresses of all investors who have subscribed to purchase stock. (Source: P.A. 86-1213.)
Source: official Illinois text · Last verified 2026-08-27
At a glance
- Citation: Illinois Compiled Statutes § 3006
- Jurisdiction: Illinois
- Code: Illinois Compiled Statutes
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Illinois Compiled Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Illinois attorney.
Common questions
What is the source of Illinois Compiled Statutes § 3006?
The text above is transcribed from the Illinois Compiled Statutes, the codified statutes of Illinois. The official publisher link appears under "Verify the text" on this page.
What subject does Illinois Compiled Statutes § 3006 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Illinois Compiled Statutes § 3006 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Illinois source before relying on this text.
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No. This is a reference transcription for research. Applying Illinois law to your facts requires a licensed Illinois attorney who can review the specifics.