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Article XIII – Rehabilitation, Liquidation, Conservation And Dissolution Of Companies

(215 ILCS 5/Art. XIII heading) ARTICLE XIII. REHABILITATION, LIQUIDATION, CONSERVATION AND DISSOLUTION OF COMPANIES   (215 ILCS 5/187) (from Ch. 73, par. 799) Sec. 187. Scope of Article. (1) This Article shall apply to every corporation, association, society, order, firm, company, partnership, individual, and aggregation of individuals to which any Article of this Code is […]

Article XXIX – Workers’ Compensation And Employer’s Liability Rates

(215 ILCS 5/Art. XXIX heading) ARTICLE XXIX. WORKERS’ COMPENSATION AND EMPLOYER’S LIABILITY RATES.   (215 ILCS 5/454) (from Ch. 73, par. 1065.1) Sec. 454. Purpose of Article. The purpose of this Article is to promote the public welfare by regulating workers’ compensation and employer’s liability insurance rates to the end that they shall not be […]

Article XIII 1/2 – Uniform Provisions For Liquidation

(215 ILCS 5/Art. XIII.5 heading) ARTICLE XIII 1/2. UNIFORM PROVISIONS FOR LIQUIDATION   (215 ILCS 5/221.1) (from Ch. 73, par. 833.1) Sec. 221.1. Definitions. For the purposes of Sections 221.1 to 221.10, both inclusive, the following terms have the following meanings; (1) “Reciprocal State” means a state wherein: (a) it is provided by law that […]

Article XXXI – Insurance Producers, Limited Insurance Representatives And Registered Firms

(215 ILCS 5/Art. XXXI heading) ARTICLE XXXI. INSURANCE PRODUCERS, LIMITED INSURANCE REPRESENTATIVES AND REGISTERED FIRMS (Article scheduled to be repealed on January 1, 2027)   (215 ILCS 5/490.1) (from Ch. 73, par. 1065.37-1) Sec. 490.1. (Repealed). (Source: P.A. 83-801. Repealed by P.A. 92-386, eff. 1-1-02.)   (215 ILCS 5/491.1) (from Ch. 73, par. 1065.38-1) Sec. […]

Article XIV – Legal Reserve Life Insurance

(215 ILCS 5/Art. XIV heading) ARTICLE XIV. LEGAL RESERVE LIFE INSURANCE   (215 ILCS 5/222) (from Ch. 73, par. 834) Sec. 222. Scope of article. This article shall apply to all stock and mutual legal reserve life companies, and to the extent provided in section 281 to assessment legal reserve life companies, authorized to transact […]

Article XXXI 1/4 – Third Party Administrators

(215 ILCS 5/Art. XXXI.25 heading) ARTICLE XXXI 1/4. THIRD PARTY ADMINISTRATORS (Article scheduled to be repealed on January 1, 2027)   (215 ILCS 5/511.100) (from Ch. 73, par. 1065.58-100) (Section scheduled to be repealed on January 1, 2027) Sec. 511.100. Purpose. The purpose of this Article is to recognize and provide reasonable public supervision and […]

Article XIV 1/2 – Separate Accounts

(215 ILCS 5/Art. XIV.5 heading) ARTICLE XIV 1/2. SEPARATE ACCOUNTS   (215 ILCS 5/245.21) (from Ch. 73, par. 857.21) Sec. 245.21. Establishment of separate accounts by domestic companies organized to do a life, annuity, or accident and health insurance business. A domestic company, including for the purposes of this Article all domestic fraternal benefit societies, […]

Article XV – Registration Of Policies And Deposit Of Reserves

(215 ILCS 5/Art. XV heading) ARTICLE XV. REGISTRATION OF POLICIES AND DEPOSIT OF RESERVES   (215 ILCS 5/246) (from Ch. 73, par. 858) Sec. 246. Scope of article. This article shall apply to companies that issued the policies or annuity bonds, and to the policies or annuity bonds, referred to in an Act entitled: “An […]

Article XVII – Fraternal Benefit Societies

(215 ILCS 5/Art. XVII heading) ARTICLE XVII. FRATERNAL BENEFIT SOCIETIES (Article scheduled to be repealed on January 1, 2027)   (215 ILCS 5/282.1) (from Ch. 73, par. 894.1) (Section scheduled to be repealed on January 1, 2027) Sec. 282.1. Fraternal benefit societies. Any incorporated society, order or supreme lodge without capital stock, including one exempted […]

Article XIX – Burial Societies

(215 ILCS 5/Art. XIX heading) ARTICLE XIX. BURIAL SOCIETIES   (215 ILCS 5/338) (from Ch. 73, par. 950) Sec. 338. Scope of Article. (1) This Article shall apply to: (a) all societies organized or operating, prior to the effective date of this Code, under an Act entitled “An Act relating to burial insurance societies”, approved […]