Ill. Admin. Code tit. 50 § 915.30

Current through Register Vol. 48, No. 45, November 8, 2024
Section 915.30 - Definitions

"Code" means the Illinois Insurance Code [215 ILCS 5 ].

"Department" means the Illinois Department of Insurance.

"Director" means the Director of the Illinois Department of Insurance.

"Domestic, foreign or alien company" means the same as defined in Section 2 of the Code.

"Executive officer" means any person charged with active management and control in an executive capacity (including a president, vice president, treasurer, secretary, controller, chief actuary, general counsel, director, trustee, and any other person performing functions corresponding to those performed by these officers) of a company, whether incorporated or unincorporated.

"Person" means natural person.

Ill. Admin. Code tit. 50, § 915.30

Former Section 915.30 repealed, new Section 915.30 adopted at 7 Ill. Reg. 6939, effective May 18, 1983

Amended at 46 Ill. Reg. 12035, effective 6/30/2022