TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER l: PROVISIONS APPLICABLE TO ALL COMPANIES
PART 915 MANAGEMENT INFORMATION REPORTS
SECTION 915.30 DEFINITIONS


 

Section 915.30  Definitions

 

"Code" means the Illinois Insurance Code [215 ILCS 5].

 

"Department" means the Illinois Department of Insurance.

 

"Director" means the Director of the Illinois Department of Insurance.

 

"Domestic, foreign or alien company" means the same as defined in Section 2 of the Code.

 

"Executive officer" means any person charged with active management and control in an executive capacity (including a president, vice president, treasurer, secretary, controller, chief actuary, general counsel, director, trustee, and any other person performing functions corresponding to those performed by these officers) of a company, whether incorporated or unincorporated.

 

"Person" means natural person.

 

(Source:  Amended at 46 Ill. Reg. 12035, effective June 30, 2022)