Examination authority

215 ILCS 100/50, under Reinsurance Intermediary Act.

215 ILCS 100/50

(215 ILCS 100/50) (from Ch. 73, par. 1650)

    Sec. 50. Examination authority.

    (a) A reinsurance intermediary shall be subject to examination by the Director. The Director shall have access to all books, bank accounts, and records of the reinsurance intermediary in a form usable to the Director.

    (b) An intermediary manager may be examined as if it were the reinsurer.

(Source: P.A. 87-108.)