Illinois Compiled Statutes 215 ILCS 5 Illinois Insurance Code. Section 68

    (215 ILCS 5/68) (from Ch. 73, par. 680)

    (Section scheduled to be repealed on January 1, 2017)

    Sec. 68. Declaration of organization. The attorney-in-fact of subscribers who desire to form a reciprocal under this article shall sign and acknowledge, before an officer authorized to take acknowledgments, a declaration of organization in duplicate. When the attorney-in-fact is a corporation, the declaration shall be acknowledged by an officer thereof. The declaration shall set forth

        (a) the name of the attorney-in-fact and the name or

    designation under which contracts are to be exchanged;

        (b) the location of the principal office of the

    attorney-in-fact;

        (c) the class or classes of insurance, as provided in

    section 65, which it proposes to effect or exchange and the kinds of insurance in each class to be effected or exchanged;

        (d) such other provisions not inconsistent with law

    which may be deemed by the attorney-in-fact or subscribers to be necessary or advisable.

(Source: Laws 1937, p. 696.)

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Last modified: February 18, 2015