Illinois Statutes

§ 121-19 — Fine for unauthorized insurance

Illinois·Topic REGULATION·Ch. 215 INSURANCE·Act 215 ILCS 5/ Illinois Insurance Code.·Art. Article VII - Unauthorized Companies
Any unauthorized insurer who transacts any unauthorized act of an insurance business as set forth in this Act is guilty of a business offense and may be fined not more than $20,000.

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Legislative History

(Source: P.A. 93-32, eff. 7-1-03.)

Nearby Sections

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