Home/Appellate Court of Illinois/Held v. Bankers Insurance

Held v. Bankers Insurance

205 Ill. App. 585
Appellate Court of Illinois·Decided May 29, 1917·No. Gen. No. 22,320·Published

Opinion

Mr. Presiding Justice Barnes

delivered the opinion of the court.

3. Insurance—when reinsurance contract is ultra vires. A reinsurance contract, whereby one fraternal beneficiary society undertakes to assume and agrees to pay. the benefits stipulated in the certificate of another, is ultra vires and not enforceable.

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Held v. Bankers Insurance, 205 Ill. App. 585 (Ill. Ct. App. 1917).

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