Illinois Compiled Statutes 215 Insurance: Article III 1/2 - Alien Companies

• Illinois Insurance Code. - 215 ILCS 5, Section 60a
  Alien companies; Illinois State of entry. (1) An alien company may use Illinois as a state of entry to transact insurance in the United...
• Illinois Insurance Code. - 215 ILCS 5, Section 60b
  Alien companies; Illinois trusteed assets. (1) An alien company may not use Illinois as a state of entry to transact insurance in the United...
• Illinois Insurance Code. - 215 ILCS 5, Section 60c
  Requirements and contents of trust agreement. Trust agreements governing Trusteed Assets required by Section 60b shall satisfy the following conditions: (1) Legal title to...
• Illinois Insurance Code. - 215 ILCS 5, Section 60d
  Withdrawal of Trusteed Assets. (1) The trust agreement shall provide that no withdrawals of Trusteed Assets shall be made by the alien company or...
• Illinois Insurance Code. - 215 ILCS 5, Section 60e
  Domestication of Alien Company; definitions. As used in Sections 60e through 60i: (1) "Domestication" means the reorganization of the United States branch of an...
• Illinois Insurance Code. - 215 ILCS 5, Section 60f
  Domestication procedure. (1) Upon compliance with Sections 60e through 60i, any alien company authorized to do business in this State may, with the prior...
• Illinois Insurance Code. - 215 ILCS 5, Section 60g
  Domestication agreement; authorization; execution. (1) The domestication agreement referred to in Section 60f shall be authorized, adopted, approved, signed, and acknowledged by the alien...
• Illinois Insurance Code. - 215 ILCS 5, Section 60h
  Director's approval of domestication agreement. An executed counterpart of the domestication agreement, together with certified copies of the corporate proceedings of the domestic company...
• Illinois Insurance Code. - 215 ILCS 5, Section 60i
  Consummation of domestication; transfer of assets and deposits. (1) Upon the filing with the Director of a certified copy of the instrument of transfer...
• Illinois Insurance Code. - 215 ILCS 5, Section 60j
  Trustees of alien companies. (1) The directors of an alien company may appoint citizens or corporations of the United States as its trustees to...

Last modified: February 18, 2015