(205 ILCS 205/5006) (from Ch. 17, par. 7305-6)

Sec. 5006. Who may hold capital. Capital stock of a savings bank may be held:

(1) By any individual in his own right, regardless of age or marital status, or by 2 or more individuals.

(2) By a fiduciary when authorized by law.

(3) By a government or governmental instrumentality when authorized by law.

(4) By any corporation or other person when not prohibited by law.

(Source: P.A. 86-1213.)