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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
SB0501 Introduced 1/28/2015, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
| | 205 ILCS 305/6 | from Ch. 17, par. 4407 |
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Amends the Illinois Credit Union Act. Makes a technical change in a Section
concerning the fiscal year of credit unions.
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| | A BILL FOR |
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| | SB0501 | | LRB099 03173 MGM 23181 b |
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| 1 | | AN ACT concerning regulation.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Credit Union Act is amended by |
| 5 | | changing Section 6 as follows:
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| 6 | | (205 ILCS 305/6) (from Ch. 17, par. 4407)
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| 7 | | Sec. 6. Fiscal Year. The
The fiscal year of each credit |
| 8 | | union organized under
this Act shall end on December 31 of each |
| 9 | | year. |
| 10 | | (Source: P.A. 81-329.)
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