Illinois § 8
Full text of Illinois Illinois Compiled Statutes § 8, with citation guidance and answers to common questions.
§ 8.
When the applicants have completed the organization of the proposed development credit corporation, they shall file with the Director a certificate of organization executed by its president and attested by its secretary and with its seal affixed thereto, certifying: (1) the name and addresses of all of its subscribers of stock, the number of shares subscribed and the number of shares fully paid for by each; (2) the total number of shares subscribed, but not fully paid for; (3) the total number of shares paid in full; (4) the name and address of any depositary holding on deposit any funds of the development credit corporation; (5) the names and addresses of the officers and members of the executive committee, if any, of the development credit corporation. The certificate of organization of the applicant shall be accompanied by: (1) the certificate of any named depositary certifying the amount of funds on deposit to the credit of the development credit corporation; (2) any bylaws or resolutions which have been adopted. (Source: P.A. 91-357, eff. 7-29-99.)
Frequently Asked Questions About Illinois § 8
What does Illinois Compiled Statutes § 8 cover?
Section 8 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 § 8?
A common citation format is "Illinois Compiled Statutes § 8" (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 § 8 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.