Legislation


215 Ill. Comp. Stat. §§ 5/123C-1, 123C-8 through 123C-14: Domestic Captive Insurance Companies – Illinois

Status: Enacted
Year Enacted: 1937
Year Amended: 2018
File: Download

Statutes govern mergers and consolidations fo domestic captive insurance companies. Captive insurance companies are not required to join a rating organization or file its premium rates or policy forms with, or seek approval for such rates or forms from, the Director or any other authority of Illinois.


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