Illinois Compiled Statutes 215 Insurance: Article XXVIII - Final Provisions
- Illinois Insurance Code. - 215 ILCS 5, Section 441
General corporate powers. (1) In order to carry out the purpose for which it is organized, each company under the laws of the State...
- Illinois Insurance Code. - 215 ILCS 5, Section 442
Validation of illegally issued policies. Any contract or policy of insurance or any application, endorsement or rider form used in connection therewith issued in...
- Illinois Insurance Code. - 215 ILCS 5, Section 443
Reciprocity. The policies of a company, not organized under the laws of this State, may contain any provision which the law of the state...
- Illinois Insurance Code. - 215 ILCS 5, Section 444
Retaliation. (1) Whenever the existing or future laws of any other state or country shall require of companies incorporated or organized under the laws of...
- Illinois Insurance Code. - 215 ILCS 5, Section 444.1
Payment of retaliatory taxes. (1) Every foreign or alien company doing insurance business in this State shall pay the Director the retaliatory tax determined in...
- Illinois Insurance Code. - 215 ILCS 5, Section 445
Surplus line. (1) Definitions. For the purposes of this Section: "Affiliate" means, with respect to an insured, any entity that controls, is controlled by, or...
- Illinois Insurance Code. - 215 ILCS 5, Section 445a
Domestic surplus line insurer. (a) A domestic insurer possessing policyholder surplus of at least $15,000,000 may pursuant to a resolution by its board of directors,...
- Illinois Insurance Code. - 215 ILCS 5, Section 445.1
Surplus Line Association of Illinois. There is hereby created a non-profit association to be known as the Surplus Line Association of Illinois. All surplus line...
- Illinois Insurance Code. - 215 ILCS 5, Section 445.2
Board of Directors. The Association shall function through a Board of Directors elected by the Association members, and officers who shall be elected by...
- Illinois Insurance Code. - 215 ILCS 5, Section 445.3
Plan of Operation. (1) The Association shall submit to the Director a plan of operation and any amendments thereto to provide operating procedures for...
- Illinois Insurance Code. - 215 ILCS 5, Section 445.4
Examination. The Director shall, at such times as he deems necessary, make or cause to be made an examination of the Association. The reasonable cost...
- Illinois Insurance Code. - 215 ILCS 5, Section 445.5
Immunity. There shall be no liability on the part of and no causes of action of any nature shall arise against the Association, its...
- Illinois Insurance Code. - 215 ILCS 5, Section 446
Penalties. Any person who violates any of the provisions of this Code, or fails to comply with any duty imposed upon him or it...
- Illinois Insurance Code. - 215 ILCS 5, Section 447
Domestic company's adoption of code. Any company, other than a stock company, heretofore organized or incorporated under the laws of this State may, without...
- Illinois Insurance Code. - 215 ILCS 5, Section 448
Certain powers reserved to General Assembly. The General Assembly shall at all times have power to prescribe such regulations, provisions, and limitations as it...
- Illinois Insurance Code. - 215 ILCS 5, Section 449
Effect of repeal of prior law. The repeal of a law by this Code shall not affect any right accrued or established, or any...
- Illinois Insurance Code. - 215 ILCS 5, Section 450
Effect of invalidity of part of code. If any provision of this Code, or the application of such provision to any person or circumstances,...
- Illinois Insurance Code. - 215 ILCS 5, Section 451
Companies not subject to Code. This Code shall not apply to companies now or hereafter organized or transacting business under the Title Insurance Act, or...
- Illinois Insurance Code. - 215 ILCS 5, Section 452
Civil administrative code. Nothing in this Code contained shall be held or construed to alter, modify or repeal any of the provisions of an...
Last modified: February 18, 2015