Illinois Statutes
§ 551 — Stay of proceedings
Illinois § 551
JurisdictionIllinois
TopicREGULATION
Ch. 215INSURANCE
Act 215 ILCS 5/Illinois Insurance Code.
Art.Article XXXIV - Illinois Insurance Guaranty Fund
This text of Illinois § 551 (Stay of proceedings) 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. 551 (2026).
Text
All proceedings arising out of a claim under a policy of insurance written by an insolvent company shall be stayed for 120 days from the date of the entry of the Order of Liquidation to permit proper defense by the Fund of all such pending causes of action.
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Legislative History
(Source: P.A. 92-77, eff. 7-12-01.)
Nearby Sections
5
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Bluebook (online)
Illinois § 551, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/215/551.