Illinois Statutes

§ 131.25 — Receivership

Illinois § 131.25
JurisdictionIllinois
TopicREGULATION
Ch. 215INSURANCE
Act 215 ILCS 5/Illinois Insurance Code.
Art.Article VIII 1/2 - Insurance Holding Company Systems

This text of Illinois § 131.25 (Receivership) 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. 131.25 (2026).

Text

Whenever it appears to the Director that any person has committed a violation of this Article which so impairs the financial condition of a domestic company as to threaten insolvency or make the further transaction of business by it hazardous to its policyholders, creditors or the public, then the Director may proceed against the company under Article XIII of this Code.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

(Source: P.A. 83-749.)

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Illinois § 131.25, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/215/131.25.