Sec. 6. Establishment and maintenance of banking office.
71 words·~1 min read·
/il/chapter-205/act-645/6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 6. Establishment and maintenance of banking office. Upon the issuance of a certificate of authority by the Commissioner, the foreign banking corporation may, subject to this Act, establish and maintain a banking office and may conduct thereat a general banking business.
A certificate of authority issued under this Act authorizing a foreign banking corporation to transact business at the banking office designated shall remain in effect until surrendered or revoked.