205 ILCS 700/15

Current through Public Act 103-1052
Section 205 ILCS 700/15 - Recognition of claims

In the absence of a court order or indemnity bond as required by this Act, a financial institution shall not be required to recognize any claim to, or any claim of authority to, exercise control over a deposit account held by the financial institution made by a person other than the depositor.

205 ILCS 700/15

P.A. 89-601, eff. 8/2/1996.