Sec. 427.5

215 ILCS 5/427.5 — under Illinois Insurance Code.

215 ILCS 5/427.5

(215 ILCS 5/427.5) Sec. 427.5. Unfair and deceptive agreements voidable by the Director. If, after a hearing under Section 426, the Director determines that a person has violated paragraph (7) or (8) of Section 424, the Director may declare void and unenforceable any agreement or policy of insurance solicited, entered into, or amended as a result of that violation. (Source: P.A. 104-55, eff. 1-1-26.)