215 ILCS 5/1745

Current through Public Act 103-1052
Section 215 ILCS 5/1745 - [Effective 1/1/2025] Department oversight

Insurers engaging in an insurance business transfer under this Article consent to the jurisdiction of the Director with regard to any aspect of the transferred business or business transfer plan, including the authority of the Director to conduct financial analysis and examinations, regardless of whether the insurer has a certificate of authority or another basis for the Director's jurisdiction exists.

215 ILCS 5/1745

Added by P.A. 103-0075,§ 5, eff. 1/1/2025.