Statutes, codes, and regulations
Illinois Compiled Statutes
REGULATIONChapter 215 - INSURANCEAct 5 - ILLINOIS INSURANCE CODE
Article VIIc - [Article scheduled to be repealed effective 1/1/2027] DOMESTIC CAPTIVE INSURANCE COMPANIES
Section 215 ILCS 5/123C-24 - Standards for risk management of controlled unaffiliated business

215 ILCS 5/123C-24

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Current through Public Act 103-1052
Section 215 ILCS 5/123C-24 - Standards for risk management of controlled unaffiliated business

The Director may adopt rules establishing standards to ensure that an affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the captive insurance company.

215 ILCS 5/123C-24

Added by P.A. 100-1118,§ 90, eff. 11/27/2018.