Illinois § 33

Illinois Statutes

§ 33

Illinois § 33

TopicREGULATION

Ch. 215INSURANCE

Act 215 ILCS 110/Dental Service Plan Act.

This text of Illinois § 33 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. 33 (2026).

Text

No corporation subject to the provisions of this Act shall, except upon the approval of the Director, disburse during any one calendar year more than 10% of the aggregate amount of payments received from subscribers during that year as expenditures for the solicitation of subscribers, except that during the first year after the issuance of a charter such corporation may so disburse not more than 20% of such amount, and during the second year not more than 15% thereof.

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No corporation subject to the provisions of this Act shall, except upon the approval of the Director, disburse during any one calendar year more than 10% of the aggregate amount of payments received from subscribers during that year as expenditures for the solicitation of subscribers, except that during the first year after the issuance of a charter such corporation may so disburse not more than 20% of such amount, and during the second year not more than 15% thereof.

Legislative History

(Source: Laws 1965, p. 2179.)

Nearby Sections

3

§ 33

§ 338

Scope of Article

§ 339

Present authorized burial societies may transact business

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Bluebook (online)

Illinois § 33, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/215/33.