Common ownership or management organization

215 ILCS 5/123A-8 — under Illinois Insurance Code.

215 ILCS 5/123A-8

(215 ILCS 5/123A-8) (from Ch. 73, par. 735A-8)

(Section scheduled to be repealed on January 1, 2027)

Sec. 123A-8. Common ownership or management organization.

If 2 or more companies have common ownership or are operating in this State under common management, the advisory organization may require as a condition to membership or subscribership of one or more then all such companies must become members or subscribers.

(Source: P.A. 77-1882.)