Illinois Compiled Statutes
205 ILCS 620/ - Corporate Fiduciary Act.
Article VII - Voluntary Liquidation

(205 ILCS 620/Art. VII heading)

(205 ILCS 620/7-1) (from Ch. 17, par. 1557-1)
Sec. 7-1.
Voluntary liquidation; procedure.
Any corporate fiduciary
which desires to
retire from business under this Act, shall furnish to the
Commissioner satisfactory evidence of its release and discharge
from all the obligations and trusts hereinbefore provided for,
whereupon the Commissioner shall revoke the certificate of
authority of such corporate fiduciary.

(Source: P.A. 89-364, eff. 8-18-95.)