Illinois Double Liability Banking Amendment (1952)

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The Illinois Double Liability Banking Amendment, also known as Amendment 2, was on the ballot in Illinois on November 4, 1952, as a legislatively referred constitutional amendment. It was approved. It proposed that individual stockholders of banking institutions should not be personally liable to the creditors of the corporation.[1]

Election results

Illinois Amendment 2 (1952)
ResultVotesPercentage
Approveda Yes2,072,96568.69%
No944,84531.31%

Election results via: Illinois Blue Book 1961-1962

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Footnotes

  1. ↑ Illinois Blue Book 1961-1962, "Constitution of the State of Illinois," accessed September 23, 2015 (page 436)
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