Contingent Liability Policies

215 ILCS 5/207.1, under Rehabilitation, Liquidation, Conservation And Dissolution Of Companies.

215 ILCS 5/207.1

(215 ILCS 5/207.1) (from Ch. 73, par. 819.1)

    Sec. 207.1. Contingent Liability Policies.

    Upon the entry of an order of liquidation any provision in the policies of a company providing for a contingent liability of the policyholders shall become void.

(Source: P.A. 76-715.)