§ 107a.04 — Organization under the Illinois Insurance Code

Illinois § 107a.04

• Jurisdiction: Illinois
• Topic: REGULATION
• Ch. 215: INSURANCE
• Act 215 ILCS 5/: Illinois Insurance Code.
• Art.: Article V 3/4 - Group Workers' Compensation; Pools; Pooling; Insolvency Fund

Text

(a) After December 31, 2000, group workers' compensation pools shall for the purpose of this Article, and this Article only, be considered as though they were assessable domestic mutual insurance companies and subject to the following: (1) Article XII 1/2, Article XIII, Article XIII 1/2, Article XXIV; and (2) Sections 126.2, 126.4, 126.7, 132, 132.1 through 132.7, 133, 134, 137, 139, 140, 141.1, 141.2, 142, 143, 143c, 147, 148, 149, 154.5, 154.6, 154.7, 154.8, 155.01, 155.04, 173.1, 173.2, 173.3, 173.4, 173.5, 174, 174.1, 175, 176, 178, 179b, 378, 379.1, 408, 408.3, 449, 456, 457, and 458, subsections A, B, C, and E of Section 126.5, subsection A of Section 126.6, and subsections (1) and (7) of Section 412 of this Code. (b) If there is a conflict between any Section of this Article and any other Section of this Code, then the provisions of this Article shall apply. (c) No other provision of this Code shall be applicable to any qualified workers' compensation group workers' compensation pool except as provided in this Article. (d) A certificate of authority that is in effect on the effective date of this amendatory Act of the 91st General Assembly and that was issued pursuant to Section 4a of the Workers' Compensation Act or Section 4a of the Workers' Occupational Diseases Act to a group self-insurer shall remain in effect under this Article. Such group self-insurer shall then be deemed to be a qualified group workers' compensation pool and shall be subject to this Article.

Legislative History

(Source: P.A. 91-757, eff. 1-1-01.)