215 Ill. Comp. Stat. § 5/131.8. Merger, consolidation or acquisition of control; approval of director; exemption: Insurance Holding Company Systems – IllinoisStatus: Enacted
Year Enacted: 1937
Year Amended: 2014
This section sets out the criteria by which the director must assess whether to approve an aquisition or merger, such as whether it would substantially lessen competition.
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