TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER k: INSURANCE HOLDING COMPANY SYSTEMS
PART 854 PRIOR NOTIFICATION OF TRANSACTIONS
SECTION 854.20 DEFINITIONS


 

Section 854.20  Definitions

 

"Executive officer" means any individual charged with active management and control in a senior executive capacity as described by the company's by-laws (including a president, senior vice president, treasurer, secretary, controller, and any other individual regardless of title performing functions the same as those performed by the foregoing officers).

 

(Source:  Amended at 18 Ill. Reg. 6176, effective April 6, 1994)