(205 ILCS 205/8005) (from Ch. 17, par. 7308-5)
Sec. 8005. Merger; vote of approval. If approved by the Secretary, the plan of merger shall be submitted to the
stockholders of the savings bank or depository institution for approval. The
Secretary may require that the plan of merger be submitted
to members of a mutual savings bank. Each meeting of the
members or stockholders of a savings bank operating under
this Act shall be called and held in accordance with Section
4002. The plan is approved if it receives the affirmative vote
of two-thirds or more of the total votes entitled to be cast.
(Source: P.A. 97-492, eff. 1-1-12.)
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