(625 ILCS 5/7-315)
(from Ch. 95 1/2, par. 7-315)
A certificate of insurance proof.
(a) Proof of financial
may be made by filing with the Secretary of State the written or electronic
of any insurance carrier duly authorized to do business in this State,
that it has issued to or for the benefit of the person furnishing such proof
and named as the insured in a motor vehicle liability policy, a motor
vehicle liability policy or policies or in certain events an operator's
policy meeting the requirements of this Code and that said policy
or policies are then in full force and effect. All written or electronic certificates must be submitted in a manner satisfactory to the Secretary of State.
(b) Such certificate or certificates shall give the dates of issuance
and expiration of such policy or policies and certify that the same shall
not be canceled unless 15 days' prior written or electronic notice thereof
be given to the Secretary of State and shall explicitly describe all motor
vehicles covered thereby unless the policy or policies are issued to a person
not the owner of a motor vehicle.
(c) The Secretary of State shall not accept any certificate or
certificates unless the same shall cover all motor vehicles then registered
in this State in the name of the person furnishing such proof as owner and
an additional certificate or certificates shall be required as a condition
precedent to the subsequent registration of any motor vehicle or motor
vehicles in the name of the person giving such proof as owner.
(Source: P.A. 94-239, eff. 1-1-06.)