Illinois Statutes
§ 123B-12
Illinois § 123B-12
JurisdictionIllinois
TopicREGULATION
Ch. 215INSURANCE
Act 215 ILCS 5/Illinois Insurance Code.
Art.Article VIIB - Risk Retention Companies
This text of Illinois § 123B-12 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
215 Ill. Comp. Stat. 123B-12 (2026).
Text
(Section scheduled to be repealed on January 1, 2057) Sec. 123B-12. Binding effect of orders issued in U.S. District Court. An order issued by any United States District Court enjoining a risk retention group from soliciting or selling insurance, or operating, in any state (or in all states or in any territory or possession of the United States) upon a finding that such a group is in a hazardous financial condition or financially impaired condition shall be enforceable in the courts of this State.
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Legislative History
(Source: P.A. 85-131 .)
Nearby Sections
15
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Bluebook (online)
Illinois § 123B-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/215/123B-12.