Illinois Statutes
§ 126.19 — Policy loans
Illinois § 126.19
JurisdictionIllinois
TopicREGULATION
Ch. 215INSURANCE
Act 215 ILCS 5/Illinois Insurance Code.
Art.Article VIII - Investments Of Domestic Companies
This text of Illinois § 126.19 (Policy loans) 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. 126.19 (2026).
Text
A life insurer may lend to a policyholder on the security of the cash surrender value of the policyholder's policy a sum not exceeding the legal reserve that the insurer is required to maintain on the policy.
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Legislative History
(Source: P.A. 90-418, eff. 8-15-97.)
Nearby Sections
15
§ 126.1
Purpose and scope§ 126.10
§ 126.10§ 126.11
Rated credit instruments§ 126.12
Insurer investment pools§ 126.13
Equity interests§ 126.15
Mortgage loans and real estate§ 126.16
§ 126.16§ 126.18
Derivative transactions§ 126.19
Policy loans§ 126.2
Definitions§ 126.20
Additional investment authority§ 126.21
Applicability§ 126.22
Reserve requirementsCite This Page — Counsel Stack
Bluebook (online)
Illinois § 126.19, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/215/126.19.