Illinois § 96

Illinois Statutes

§ 96

Illinois § 96

JurisdictionIllinois

TopicREGULATION

Ch. 215INSURANCE

Act 215 ILCS 5/Illinois Insurance Code.

Art.Article V - Lloyds

This text of Illinois § 96 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. 96 (2026).

Text

(Section scheduled to be repealed on January 1, 2027) Sec.

96.Issuance of certificate of authority. When the Director has been notified that the underwriters have deposited a sum not less than the minimum admitted assets required by Section 99, he shall conduct an examination of such Lloyds. If he finds that the organization has been completed and that all other requirements of this Code have been met, he shall issue to such Lloyds a certificate of authority to transact the kind or kinds of business specified in the declaration.

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(Section scheduled to be repealed on January 1, 2027) Sec. 96. Issuance of certificate of authority. When the Director has been notified that the underwriters have deposited a sum not less than the minimum admitted assets required by Section 99, he shall conduct an examination of such Lloyds. If he finds that the organization has been completed and that all other requirements of this Code have been met, he shall issue to such Lloyds a certificate of authority to transact the kind or kinds of business specified in the declaration.

Legislative History

(Source: Laws 1937, p. 696 .)

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Bluebook (online)

Illinois § 96, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/96.