(215 ILCS 5/69) (from Ch. 73, par. 681)
(Section scheduled to be repealed on January 1, 2017)
Sec. 69. Documents to be delivered to director. Upon the execution of a declaration of organization, there shall be delivered to the Director
(a) duplicate originals of the declaration of
organization;
(b) a copy of the power of attorney of the
attorney-in-fact under or by virtue of which such insurance is to be effected or exchanged;
(c) an instrument authorizing service of process on
the Director provided for in section 77;
(d) 2 organization bonds, or the cash or securities,
provided for in section 70;
(e) the form of guaranty fund agreements and of
guaranty capital shares, if any, as provided in section 76 to be issued in connection with solicitation of surplus; and
(f) the form of escrow agreement for the deposit of
cash or securities.
(Source: P.A. 84-502.)
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Last modified: February 18, 2015