Illinois § 11004
Full text of Illinois Illinois Compiled Statutes § 11004, with citation guidance and answers to common questions.
§ 11004.
Industrywide prohibition. (a) Except as provided in regulations of the Commissioner, any person who has been removed or suspended from office in a savings bank operating under this Act or prohibited from participating in the affairs of a savings bank operating under this Act may not, while an order is in effect, continue or begin to hold any office in, or participate in any manner in the affairs of any savings bank regulated by the State of Illinois, another insured depository institution regulated by the State of Illinois, or any other financial services entity regulated by the State of Illinois. (b) Any violation of subsection (a) by any person who is subject to an order described in that subsection shall be treated as violation of the order. (Source: P.A. 92-483, eff. 8-23-01.)
Frequently Asked Questions About Illinois § 11004
What does Illinois Compiled Statutes § 11004 cover?
Section 11004 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 11004?
A common citation format is "Illinois Compiled Statutes § 11004" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 11004 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.