(205 ILCS 305/55) (from Ch. 17, par. 4456)
Sec. 55. Insurance for members.
(1) A credit union may purchase or make
available insurance for its members.
(2) A credit union may enter into cooperative marketing arrangements to
facilitate its members' voluntary purchase of insurance including, but not
by way of limitation, life insurance, disability insurance, accident and
health insurance, property insurance, liability insurance and legal expense
insurance.
(Source: P.A. 97-133, eff. 1-1-12.)
|