215 ILCS 5/ Illinois Insurance Code.

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215 ILCS 5/540.7

(215 ILCS 5/540.7) (from Ch. 73, par. 1065.90-7)

Sec. 540.7.

The plan of operation shall establish the procedures whereby selections
for the board of directors will be submitted to the Director.

(Source: P.A. 77-305.)

215 ILCS 5/540.8

(215 ILCS 5/540.8) (from Ch. 73, par. 1065.90-8)

Sec. 540.8.

The plan of operation shall establish the procedures for
disposition of monies reimbursed from the estate of the insolvent company.

(Source: P.A. 85-576.)

215 ILCS 5/540.9

(215 ILCS 5/540.9) (from Ch. 73, par. 1065.90-9)

Sec. 540.9.

The plan of operation may contain additional provisions necessary or
proper for the execution of the powers, duties and obligations of the Fund.

(Source: P.A. 77-305.)

215 ILCS 5/541

(215 ILCS 5/541) (from Ch. 73, par. 1065.91)

Sec. 541.

The plan of operation may provide that any or all powers and duties
of the Fund, except those under Sections 537.6 and 538.3 may be
delegated to a corporation, association, or other organization which
performs or will perform functions similar to those of this Fund, or its
equivalent, in 2 or more states.
A delegation under this Section shall take effect only with
the approval of both the board of directors and the Director, and may be
made only to a corporation, association, or organization which extends
protection not substantially less favorable and effective than that
provided by this Article.

(Source: P.A. 80-827.)

215 ILCS 5/543

(215 ILCS 5/543) (from Ch. 73, par. 1065.93)

Sec. 543.

Duties
and obligations of the Director.

The Director shall have the duties and obligations enumerated in
Sections 543.1 through 543.3.

(Source: P.A. 77-305.)

215 ILCS 5/543.1

(215 ILCS 5/543.1) (from Ch. 73, par. 1065.93-1)

Sec. 543.1.

The Director shall serve a copy of the complaint seeking an
Order of Liquidation with a finding of insolvency against a domestic member
company on the Fund at the same time that such complaint is filed with the circuit court
or shall forward to the Fund notice of the filing of such a complaint
against a foreign or alien member company promptly upon receipt thereof.
The Director also shall serve on the Fund a copy of an Order of
Liquidation with a finding of insolvency against a domestic member company
immediately after it is entered by the circuit court or shall forward to
the Fund a copy of such order against a foreign or alien member company
promptly upon receipt thereof.

(Source: P.A. 85-576.)

215 ILCS 5/543.2

(215 ILCS 5/543.2) (from Ch. 73, par. 1065.93-2)

Sec. 543.2.

The Director shall, upon request of the board of directors, provide the
Fund with a statement of the net direct written premiums of each member
company for the preceding calendar year for which annual statements have
been filed with the Director.

(Source: P.A. 77-305.)

215 ILCS 5/543.3

(215 ILCS 5/543.3) (from Ch. 73, par. 1065.93-3)

Sec. 543.3.

The liquidator of an insolvent company shall notify the
policyholders of the insolvent company who are residents
of this State of the entry of an Order of Liquidation against the company
and of their rights under this
Article. Such notification shall be mailed to the last known
address of such policyholders,
where available, but if sufficient information for notification by mail is
not available, notice by publication in a newspaper of general circulation
shall be sufficient.  If the insolvent company is domiciled in another
state and the liquidator fails to give notice which satisfies the purposes
of this Section, such notice shall be given by the Director as ancillary
receiver or if the insolvent company is domiciled in another state and there
is no ancillary receiver in this State, the Fund shall give such notice
provided the necessary information is made available to the Fund by the liquidator.
The form of the notice given by the Director as either liquidator or ancillary
receiver shall be submitted to the Fund for its approval prior to mailing
or publication.

(Source: P.A. 85-576.)