§ 511.102

Illinois § 511.102

• Jurisdiction: Illinois
• Topic: REGULATION
• Ch. 215: INSURANCE
• Act 215 ILCS 5/: Illinois Insurance Code.
• Art.: Article XXXI 1/4 - Third Party Administrators

Text

(Section scheduled to be repealed on January 1, 2027) Sec. 511.102. License required. (a) No person may act as or hold himself out to be an administrator after July 1, 1986 unless duly licensed in accordance with this Article. An administrator doing business in this State on July 1, 1986 shall apply for a license within 90 days thereafter. (b) In addition to any other penalty set forth in this Article, any person violating subsection (a) above is guilty of a Class A misdemeanor.

Legislative History

(Source: P.A. 84-887 .)