PERSICO-HASSERT. 205 ILCS 5/16 from Ch. 17, par. 323 Amends the Illinois Banking Act. Provides that bank directors who in good faith rely upon advice, information, or opinions of bank officers, professional advisors, or other bank committees have no liability based upon alleged failure to perform their obligations as directors. Effective immediately. 00-01-20 H FIRST READING 00-01-20 H ADDED AS A JOINT SPONSOR HASSERT 00-01-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-01-26 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW 00-02-17 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary