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Illinois Compiled Statutes

Information maintained by the Legislative Reference Bureau
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.

INSURANCE
(215 ILCS 5/) Illinois Insurance Code.

215 ILCS 5/500-95

    (215 ILCS 5/500-95)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-95. Reporting of actions. An individual who, while licensed as an insurance producer, is convicted of a felony, must report the conviction to the Director within 30 days after the entry date of the judgment. Within that 30-day period, the individual must also provide the Director with a copy of the judgment, the probation or commitment order, and any other relevant documents.
(Source: P.A. 92-386, eff. 1-1-02.)

215 ILCS 5/500-100

    (215 ILCS 5/500-100)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-100. Limited lines producer license.
    (a) An individual who is at least 18 years of age and whom the Director considers to be competent, trustworthy, and of good business reputation may obtain a limited lines producer license for one or more of the following classes:
        (1) travel insurance, as defined in Section 500-10 of
    
this Article;
        (2) industrial life insurance, as defined in Section
    
228 of this Code;
        (3) industrial accident and health insurance, as
    
defined in Section 368 of this Code;
        (4) insurance issued by a company organized under the
    
Farm Mutual Insurance Company Act of 1986;
        (5) legal expense insurance;
        (6) enrollment of recipients of public aid or
    
medicare in a health maintenance organization;
        (7) a limited health care plan issued by an
    
organization having a certificate of authority under the Limited Health Service Organization Act;
        (8) credit life and credit accident and health
    
insurance and other credit insurance policies approved or permitted by the Director; a credit insurance company must conduct a training program in which an applicant shall receive basic instruction about the credit insurance products that he or she will be selling.
    (b) The application for a limited lines producer license must be submitted on a form prescribed by the Director by a designee of the insurance company, health maintenance organization, or limited health service organization appointing the limited insurance representative. The insurance company, health maintenance organization, or limited health service organization must pay the fee required by Section 500-135.
    (c) A limited lines producer may represent more than one insurance company, health maintenance organization, or limited health service organization.
    (d) An applicant who has met the requirements of this Section shall be issued a perpetual limited lines producer license.
    (e) A limited lines producer license shall remain in effect as long as the appointing insurance company pays the respective fee required by Section 500-135 prior to January 1 of each year, unless the license is revoked or suspended pursuant to Section 500-70. Failure of the insurance company to pay the license fee or to submit the required documents shall cause immediate termination of the limited line insurance producer license with respect to which the failure occurs.
    (f) A limited lines producer license may be terminated by the insurance company or the licensee.
    (g) A person whom the Director considers to be competent, trustworthy, and of good business reputation may be issued a car rental limited line license. A car rental limited line license for a rental company shall remain in effect as long as the car rental limited line licensee pays the respective fee required by Section 500-135 prior to the next fee date unless the car rental license is revoked or suspended pursuant to Section 500-70. Failure of the car rental limited line licensee to pay the license fee or to submit the required documents shall cause immediate suspension of the car rental limited line license. A car rental limited line license for rental companies may be voluntarily terminated by the car rental limited line licensee. The license fee shall not be refunded upon termination of the car rental limited line license by the car rental limited line licensee.
    (g-5) A business entity may be issued a limited lines producer license for credit life and credit accident and health insurance and other credit insurance policies approved or permitted by the Director, provided that:
        (1) application for the limited lines producer
    
license for credit insurance is made on a form specified by the Director;
        (2) the appointing insurance company has paid the
    
application fee amount required by the Director for the business entity's application; and
        (3) the business entity has designated an individual
    
with an in force limited license producer license issued under paragraph (8) of subsection (a) of this Section to be responsible for the business entity's compliance with the insurance laws and regulations of this State related to credit life and credit accident and health insurance and other credit insurance policies approved or permitted by the Director that are offered or sold by that business entity.
    Except as specifically authorized by paragraph (8) of subsection (a) of this Section or this subsection (g-5), a business entity holding a limited lines license under this subsection (g-5) may not advertise, represent, or otherwise hold itself or any of its employees out as licensed insurers, insurance producers, insurance agents, or insurance brokers.
    (h) A limited lines producer issued a license pursuant to this Section is not subject to the requirements of Section 500-30.
    (i) A limited lines producer license must contain the name, address and personal identification number of the licensee, the date the license was issued, general conditions relative to the license's expiration or termination, and any other information the Director considers proper. A limited line producer license, if applicable, must also contain the name and address of the appointing insurance company.
(Source: P.A. 98-159, eff. 8-2-13; 98-756, eff. 7-16-14; 98-1165, eff. 6-1-15; 99-161, eff. 1-1-16.)

215 ILCS 5/500-105

    (215 ILCS 5/500-105)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-105. Car rental limited line license for rental companies.
    (a) A rental company must obtain a producer license or obtain a car rental limited line license before offering or selling insurance in connection with and incidental to the rental of vehicles. The sale of the insurance may occur at the rental office or by preselection of coverage in a master, corporate, group rental, or individual agreement. The following general categories of coverage may be offered or sold:
        (1) personal accident insurance covering the risks of
    
travel including, but not limited to, accident and health insurance that provides coverage, as applicable, to renters and other rental vehicle occupants for accidental death or dismemberment and reimbursement for medical expenses resulting from an accident that occurs during the rental period;
        (2) liability insurance, including uninsured and
    
underinsured motorist coverage, that provides coverage, as applicable, to renters and other authorized drivers of rental vehicles for liability arising from the operation of the rental vehicle;
        (3) personal effects insurance that provides
    
coverage, as applicable, to renters and other vehicle occupants for the loss of, or damage to, personal effects that occurs during the rental period;
        (4) roadside assistance and emergency sickness
    
protection programs; and
        (5) any other travel or auto-related coverage that a
    
rental company offers in connection with and incidental to the rental of vehicles.
    (b) Insurance may not be offered by a car rental limited line producer pursuant to this Section unless:
        (1) the rental company has applied for and obtained a
    
car rental limited line license;
        (2) the rental period of the rental agreement does
    
not exceed 30 consecutive days;
        (3) at every rental location where rental agreements
    
are executed, brochures or other written materials are readily available to the prospective renter that:
            (A) summarize clearly and correctly, the material
        
terms of coverage offered to renters, including the identity of the insurer;
            (B) disclose that the coverage offered by the
        
rental company may provide a duplication of coverage already provided by a renter's personal automobile insurance policy, homeowner's insurance policy, personal liability insurance policy, or other source of coverage;
            (C) state that the purchase by the renter of the
        
kinds of coverage specified in this Section is not required in order to rent a vehicle; and
            (D) describe the process for filing a claim in
        
the event the renter elects to purchase coverage and in the event of a claim; and
        (4) evidence of coverage in the rental agreement is
    
disclosed to every renter who elects to purchase such coverage.
    (c) Car rental company franchisees must apply for a car rental limited line license independent of the franchisor if insurance provided pursuant to this Section is offered by the franchisee.
    (d) A car rental limited line license issued under this Section shall also authorize any employee of the car rental limited line licensee to act individually on behalf and under the supervision of the car rental limited line licensee with respect to the kinds of coverage specified in this Section.
    (e) A rental company licensed pursuant to this Section must conduct a training program in which employees being trained shall receive basic instruction about the kinds of coverage specified in this Section and offered for purchase by prospective renters of rental vehicles.
    (f) Notwithstanding any other provision of this Section or any rule adopted by the Director, a car rental limited line producer pursuant to this Section is not required to treat moneys collected from renters purchasing insurance when renting vehicles as funds received in a fiduciary capacity, provided that the charges for coverage shall be itemized and be ancillary to a rental transaction.
    (g) The sale of insurance not in conjunction with a rental transaction shall not be permitted.
    (h) A car rental limited line producer under this Section may not advertise, represent, or otherwise hold itself or any of its employees out as licensed insurers, insurance producers, insurance agents, or insurance brokers.
    (i) Direct commissions may not be paid to rental car company employees by the insurer or the customer purchasing insurance products. The rental car company may include insurance products in an overall employee performance compensation incentive program.
    (j) An application for a car rental limited line license must be made on a form specified by the Director.
(Source: P.A. 92-386, eff. 1-1-02.)

215 ILCS 5/500-107

    (215 ILCS 5/500-107)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-107. Self-service storage facility limited line license for self-storage facilities.
    (a) Except as permitted by subsection (j) of this Section, a self-service storage facility must obtain a producer license or obtain a self-service storage facility limited line license before offering or selling insurance in connection with and incidental to the rental of storage space provided by a self-service storage facility. The sale of insurance may occur at the rental office or by preselection of coverage in a master, corporate, group rental, or individual agreement. The following general categories of coverage may be offered or sold:
        (1) insurance that provides hazard insurance coverage
    
to renters for the loss of, or damage to, tangible personal property in storage or in transit during the rental period; or
        (2) any other coverage the Director may approve as
    
meaningful and appropriate in connection with the rental of storage space.
    (b) Insurance may not be offered by a self-service storage limited line producer pursuant to this Section unless:
        (1) the self-service storage facility has applied for
    
and obtained a self-service storage facility limited line license;
        (2) at every rental location where rental agreements
    
are executed, brochures or other written materials are readily available to the prospective renter that:
            (A) summarize clearly and correctly the material
        
terms of coverage offered to renters, including the identity of the insurer;
            (B) disclose that the coverage offered by the
        
self-service storage facility may provide a duplication of coverage already provided by the renter's personal homeowner's insurance policy, automobile insurance policy, personal liability insurance policy, or other source of coverage;
            (C) state that the purchase by the renter of the
        
kinds of coverage specified in this Section is not required in order to rent storage space; and
            (D) describe the process for filing a claim in
        
the event the consumer elects to purchase coverage and in the event of a claim; and
        (3) evidence of coverage is provided to each renter
    
who elects to purchase the coverage.
    (c) A self-service storage facility limited line license issued under this Section shall also authorize any employee of the self-service storage facility limited line licensee to act individually on behalf and under the supervision of the self-service storage facility limited line licensee with respect to the kinds of coverage specified in this Section.
    (d) A self-service storage facility licensed pursuant to this Section must conduct a training program in which employees being trained shall receive basic instruction about the kinds of coverage specified in this Section and offered for purchase by prospective renters of storage space.
    (e) Notwithstanding any other provision of this Section or any rule adopted by the Director, a self-service storage facility limited line producer pursuant to this Section is not required to treat moneys collected from renters purchasing insurance when renting storage space as funds received in a fiduciary capacity, provided that the charges for coverage shall be itemized and ancillary to a rental transaction.
    (f) The sale of insurance not in conjunction with a rental transaction shall not be permitted.
    (g) A self-service storage facility limited line producer under this Section may not advertise, represent, or otherwise hold itself or any of its employees out as licensed insurers, insurance producers, insurance agents, or insurance brokers.
    (h) Direct commissions may not be paid to self-service storage facility employees by the insurer or the customer purchasing insurance products. The self-service storage facility may include insurance products in an overall employee performance compensation incentive program.
    (i) An application for a self-service storage facility limited line license must be made on a form specified by the Director.
    (j) Nothing contained in this Section shall prohibit an unlicensed person from enrolling, issuing, or otherwise distributing certificates of insurance under a group master policy lawfully issued in this or another state when:
        (1) the enrollment or distribution is by an employee
    
of the group master policyholder;
        (2) no commission is paid for such enrollment or
    
distribution;
        (3) the distribution is incidental and ancillary to
    
the primary rental business of the group master policyholder; and
        (4) the group master policy is sold to the group
    
master policyholder by a licensed producer.
    (k) Nothing in this Section applies to or affects common carriers regulated by the Illinois Commerce Commission.
(Source: P.A. 93-288, eff. 1-1-04.)

215 ILCS 5/500-108

    (215 ILCS 5/500-108)
    Sec. 500-108. (Repealed).
(Source: P.A. 98-1165, eff. 6-1-15. Repealed by P.A. 102-212, eff. 10-28-21.)

215 ILCS 5/500-110

    (215 ILCS 5/500-110)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-110. Regulatory examinations.
    (a) The Director may examine any applicant for or holder of an insurance producer license, limited line producer license or temporary insurance producer license or any business entity.
    (b) All persons being examined, as well as their officers, directors, insurance producers, limited lines producers, and temporary insurance producers must provide to the Director convenient and free access, at all reasonable hours at their offices, to all books, records, documents, and other papers relating to the persons' insurance business affairs. The officers, directors, insurance producers, limited lines producers, temporary insurance producers, and employees must facilitate and aid the Director in the examinations as much as it is in their power to do so.
    (c) The Director may designate an examiner or examiners to conduct any examination under this Section. The Director or his or her designee may administer oaths and examine under oath any individual relative to the business of the person being examined.
    (d) The examiners designated by the Director under this Section may make reports to the Director. A report alleging substantive violations of this Article or any rules prescribed by the Director must be in writing and be based upon facts ascertained from the books, records, documents, papers, and other evidence obtained by the examiners or from sworn or affirmed testimony of or written affidavits from the person's officers, directors, insurance producers, limited lines producer, temporary insurance producers, or employees or other individuals, as given to the examiners. The report of an examination must be verified by the examiners.
    (e) If a report is made, the Director must either deliver a duplicate of the report to the person being examined or send the duplicate by certified or registered mail to the person's address of record. The Director shall afford the person an opportunity to demand a hearing with reference to the facts and other evidence contained in the report. The person may request a hearing within 14 calendar days after he or she receives the duplicate of the examination report by giving the Director written notice of that request, together with a written statement of the person's objections to the report. The Director must, if requested to do so, conduct a hearing in accordance with Sections 402 and 403 of this Code. The Director must issue a written order based upon the examination report and upon the hearing, if a hearing is held, within 90 days after the report is filed, or within 90 days after the hearing if a hearing is held. If the report is refused or otherwise undeliverable, or a hearing is not requested in a timely fashion, the right to a hearing is waived. After the hearing or the expiration of the time period in which a person may request a hearing, if the examination reveals that the person is operating in violation of any law, rule, or prior order, the Director in the written order may require the person to take any action the Director considers necessary or appropriate in accordance with the report or examination hearing. The order is subject to review under the Administrative Review Law.
    (f) The Director may adopt reasonable rules to further the purposes of this Section.
    (g) A person who violates or aids and abets any violation of a written order issued under this Section shall be guilty of a business offense and his or her license may be revoked or suspended pursuant to Section 500-70 of this Article and he or she may be subjected to a civil penalty of not more than $20,000.
(Source: P.A. 92-386, eff. 1-1-02; 93-32, eff. 7-1-03.)

215 ILCS 5/500-115

    (215 ILCS 5/500-115)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-115. Financial responsibilities.
    (a) Any money that an insurance producer, limited line producer, temporary insurance producer, business entity, or surplus line producer receives for soliciting, negotiating, effecting, procuring, renewing, continuing, or binding policies of insurance shall be held in a fiduciary capacity and shall not be misappropriated, converted, or improperly withheld. An insurance company that delivers to any insurance producer in this State a policy or contract for insurance pursuant to the application or request of an insurance producer, authorizes the producer to collect or receive on its behalf payment of any premium that is due on the policy or contract for insurance at the time of its issuance or delivery and any premium that becomes due on the policy or contract not more than 90 days thereafter.
    (b) An insurer that issues a policy of insurance shall be deemed to have received payment of the premium if the insured paid any insurance producer requesting the coverage. The insurer shall be responsible to the insured for any return premium.
    (c) In the case of open accounts receivable with the balance payable to an insurance producer within a specified period of 90 days or less, where the balance is not fully paid within that period, a late charge not exceeding 1.5% per month may be added by the insurance producer to the unpaid balance to induce payment of the premium.
    (d) If an insurance producer or surplus line producer knowingly misappropriates or converts to his or her own use or illegally withholds fiduciary moneys in the amount of $150 or less, he or she is guilty of a Class A misdemeanor for a first offense and a Class 4 felony for subsequent conversions, misappropriations, and withholdings of that nature. If an insurance producer or surplus line producer knowingly misappropriates or converts to his or her own use or illegally withholds premiums in excess of $150, he or she is guilty of a Class 3 felony.
(Source: P.A. 92-386, eff. 1-1-02.)

215 ILCS 5/500-120

    (215 ILCS 5/500-120)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-120. Conflicts of interest; inactive status.
    (a) A person, partnership, association, or corporation licensed by the Department who, due to employment with any unit of government that would cause a conflict of interest with the holding of that license, notifies the Director in writing on forms prescribed by the Department and, subject to rules of the Department, makes payment of applicable licensing renewal fees, may elect to place the license on an inactive status.
    (b) A licensee whose license is on inactive status may have the license restored by making application to the Department on such form as may be prescribed by the Department. The application must be accompanied with a fee of $100 plus the current applicable license fee.
    (c) A license may be placed on inactive status for a 2-year period, and upon request, the inactive status may be extended for a successive 2-year period not to exceed a cumulative 4-year inactive period. After a license has been on inactive status for 4 years or more, the licensee must meet all of the standards required of a new applicant before the license may be restored to active status.
    (d) If requests for inactive status are not renewed as set forth in subsection (c), the license will be taken off the inactive status and the license will lapse immediately.
(Source: P.A. 92-386, eff. 1-1-02; 93-32, eff. 7-1-03.)

215 ILCS 5/500-125

    (215 ILCS 5/500-125)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-125. Controlled business.
    (a) An insurance producer license may not be granted or extended to any person if the Director has reasonable cause to believe:
        (1) that during either of the 2 calendar years
    
immediately preceding the extension date of the license the aggregate amount of premiums on insurance represented by controlled business exceeded the aggregate amount of premiums on all other insurance business of the licensee; or
        (2) that during the 12-month period immediately
    
following the issuance or extension of the license, if so issued or extended, the aggregate amount of premiums on controlled business would exceed the aggregate amount of premiums on all other insurance business of the applicant or licensee.
    (b) Controlled business means insurance procured or to be procured by or through the person upon:
        (1) his own life, person, property or risks, or those
    
of his spouse; or
        (2) the life, person, property, or risks of his
    
employer or his own business.
(Source: P.A. 92-386, eff. 1-1-02.)

215 ILCS 5/500-130

    (215 ILCS 5/500-130)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-130. Bond required of insurance producers.
    (a) An insurance producer who places insurance either directly or indirectly with an insurer with which the insurance producer does not have an agency contract must maintain in force while licensed a bond in favor of the people of the State of Illinois executed by an authorized surety company and payable to any party injured under the terms of the bond. The bond shall be continuous in form and in the amount of $2,500 or 5% of the premiums brokered in the previous calendar year, whichever is greater, but not to exceed $50,000 total aggregate liability. The bond shall be conditioned upon full accounting and due payment to the person or company entitled thereto, of funds coming into the insurance producer's possession as an incident to insurance transactions under the license or surplus line insurance transactions under the license as a surplus line producer.
    (b) Authorized insurance producers of a business entity may meet the requirements of this Section with a bond in the name of the business entity, continuous in form, and in the amounts set forth in subsection (a) of this Section. Insurance producers may meet the requirements of this Section with a bond in the name of an association. An individual producer remains responsible for assuring that a producer bond is in effect and is for the correct amount. The association must have been in existence for 5 years, have common membership, and been formed for a purpose other than obtaining a bond.
    (c) The surety may cancel the bond and be released from further liability thereunder upon 30 days' written notice in advance to the principal. The cancellation does not affect any liability incurred or accrued under the bond before the termination of the 30-day period.
    (d) The producer's license may be revoked if the producer acts without a bond that is required under this Section.
    (e) If a party injured under the terms of the bond requests the producer to provide the name of the surety and the bond number, the producer must provide the information within 3 working days after receiving the request.
    (f) An association may meet the requirements of this Section for all of its members with a bond in the name of the association that is continuous in form and in the amounts set forth in subsection (a) of this Section.
(Source: P.A. 102-135, eff. 7-23-21.)

215 ILCS 5/500-135

    (215 ILCS 5/500-135)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-135. Fees.
    (a) The fees required by this Article are as follows:
        (1) a fee of $215 for a person who is a resident of
    
Illinois, and $380 for a person who is not a resident of Illinois, payable once every 2 years for an insurance producer license;
        (2) a fee of $50 for the issuance of a temporary
    
insurance producer license;
        (3) a fee of $150 payable once every 2 years for a
    
business entity;
        (4) an annual $50 fee for a limited line producer
    
license issued under items (1) through (8) of subsection (a) of Section 500-100;
        (5) a $50 application fee for the processing of a
    
request to take the written examination for an insurance producer license;
        (6) an annual registration fee of $1,000 for
    
registration of an education provider;
        (7) a certification fee of $50 for each certified
    
pre-licensing or continuing education course and an annual fee of $20 for renewing the certification of each such course;
        (8) a fee of $215 for a person who is a resident of
    
Illinois, and $380 for a person who is not a resident of Illinois, payable once every 2 years for a car rental limited line license;
        (9) a fee of $200 payable once every 2 years for a
    
limited lines license other than the licenses issued under items (1) through (8) of subsection (a) of Section 500-100, a car rental limited line license, or a self-service storage facility limited line license;
        (10) a fee of $50 payable once every 2 years for a
    
self-service storage facility limited line license.
    (a-5) Beginning on July 1, 2021, an amount equal to the additional amount of revenue collected under paragraphs (1) and (8) of subsection (a) as a result of the increase in the fees under this amendatory Act of the 102nd General Assembly shall be transferred annually, with 10% of that amount paid into the State Police Training and Academy Fund and 90% of that amount paid into the Law Enforcement Training Fund.
    (b) Except as otherwise provided, all fees paid to and collected by the Director under this Section shall be paid promptly after receipt thereof, together with a detailed statement of such fees, into a special fund in the State Treasury to be known as the Insurance Producer Administration Fund. The moneys deposited into the Insurance Producer Administration Fund may be used only for payment of the expenses of the Department in the execution, administration, and enforcement of the insurance laws of this State, and shall be appropriated as otherwise provided by law for the payment of those expenses with first priority being any expenses incident to or associated with the administration and enforcement of this Article.
(Source: P.A. 102-16, eff. 6-17-21.)

215 ILCS 5/500-140

    (215 ILCS 5/500-140)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-140. Injunctive relief. A person required to be licensed under this Article but failing to obtain a valid and current license under this Article constitutes a public nuisance. The Director may report the failure to obtain a license to the Attorney General, whose duty it is to apply forthwith by complaint on relation of the Director in the name of the people of the State of Illinois, for injunctive relief in the circuit court of the county where the failure to obtain a license occurred to enjoin that person from acting in any capacity that requires such a license. Upon the filing of a verified petition in the court, the court, if satisfied by affidavit or otherwise that the person is required to have a license and does not have a valid and current license, may enter a temporary restraining order without notice or bond, enjoining the defendant from acting in any capacity that requires such license. A copy of the verified complaint shall be served upon the defendant, and the proceedings shall thereafter be conducted as in other civil cases. If it is established that the defendant has been, or is engaged in any unlawful practice, the court may enter an order or judgment perpetually enjoining the defendant from further engaging in such practice. In all proceedings brought under this Section, the court, in its discretion, may apportion the costs among the parties, including the cost of filing the complaint, service of process, witness fees and expenses, court reporter charges, and reasonable attorney fees. In case of the violation of any injunctive order entered under the provisions of this Section, the court may summarily try and punish the offender for contempt of court. The injunctive relief available under this Section is in addition to and not in lieu of all other penalties and remedies provided in this Code.
(Source: P.A. 103-426, eff. 8-4-23.)

215 ILCS 5/500-145

    (215 ILCS 5/500-145)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-145. Rules. The Director may, in accordance with Section 401 of this Code, promulgate reasonable rules as are necessary or proper to carry out the purposes of this Article.
(Source: P.A. 92-386, eff. 1-1-02.)

215 ILCS 5/500-150

    (215 ILCS 5/500-150)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-150. Severability. The provisions of this Article are severable under Section 1.31 of the Statute on Statutes.
(Source: P.A. 92-386, eff. 1-1-02.)

215 ILCS 5/500-155

    (215 ILCS 5/500-155)
    (Section scheduled to be repealed on January 1, 2027)
    Sec. 500-155. Disclosure. A policy the solicitation of which involves an insurance producer, limited insurance representative, or temporary insurance producer must identify the name of the producer, representative, or firm. An individual life or accident and health application and a master policy application for life or accident and health group coverages must bear the name and signature of the licensee who solicited and wrote the application.
(Source: P.A. 97-207, eff. 7-28-11.)

215 ILCS 5/500.1

    (215 ILCS 5/500.1) (from Ch. 73, par. 1065.47-1)
    Sec. 500.1. (Repealed).
(Source: P.A. 85-334. Repealed by P.A. 92-386, eff. 1-1-02.)