Illinois Statutes

§ 157 — Powers of company not enlarged

Illinois·Topic REGULATION·Ch. 215 INSURANCE·Act 215 ILCS 5/ Illinois Insurance Code.·Art. Article X - Merger, Consolidation Or Plans Of Exchange
Nothing in this article contained shall be construed to authorize any company to engage in any kind of insurance business not authorized by its articles of incorporation nor to authorize any foreign or alien company to engage in any kind of insurance business in this State not covered by its certificate of authority to do business in this State.

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Legislative History

(Source: Laws 1937, p. 696.)

Nearby Sections

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