Bank of America, N.A. v. Kulesza

Section 2.03(1) of Collection Act exempting banks from the Act's requirements is not limited to first-tier subsidiaries of banks. BAC Home Loans Servicing, the original plaintiff in foreclosure action, was owned by entities that were subsidiaries of Bank of America. Court may take judicial notice that other judicial decisions have recognized that BAC is a subsidiary of Bank of America and is thus exempt from Collection Act. (GORDON and PALMER, concurring.)