Chapter 215, INSURANCE

(215 ILCS 110/27) (from Ch. 32, par. 690.27) Sec. 27. No dental service plan corporation shall enter into any contract with a subscriber until it has filed with the Director a schedule of rates to be paid by a subscriber to each type of contract, and the Director has approved the…

(215 ILCS 5/27) (from Ch. 73, par. 639) (Section scheduled to be repealed on January 1, 2037) Sec. 27. Dividends and other distributions. (1) The board of directors of any company subject to this Article may declare and the company may pay dividends and other distributions (i) on…

(215 ILCS 150/27) (from Ch. 148, par. 227) Sec. 27. If any provision of this Act or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of this Act which can be given effect without the invalid pr…

(215 ILCS 5/27.1) (from Ch. 73, par. 639.1) (Section scheduled to be repealed on January 1, 2037) Sec. 27.1. Treasury shares. "Treasury shares" means (a) shares of a company which have been issued, have been subsequently acquired by and belong to the company, and have not, either…

(215 ILCS 110/27.1) Sec. 27.1. Reinsurance agreement; filing. A dental service plan may enter into reinsurance agreements for dental service. Any reinsurance agreement shall be subject to the provisions of the laws of this State regarding reinsurance as provided in Article XI of …

(215 ILCS 5/28) (from Ch. 73, par. 640) (Section scheduled to be repealed on January 1, 2037) Sec. 28. Dealing in shares of company. (1) A company subject to the provisions of this Article shall have the power to purchase, take, receive, or otherwise acquire, hold, own, pledge, t…

(215 ILCS 110/28) (from Ch. 32, par. 690.28) Sec. 28. No subscription certificate shall be issued by any dental service plan corporation until the form thereof has been filed with and approved by the Director, together with all applications, riders and endorsements for use in con…

(215 ILCS 165/28) (from Ch. 32, par. 622) Sec. 28. Any person or any agent or officer of the corporation who violates any provisions of this Act, or who makes any false statement with respect to any report or statement required by this Act or required by the Director under this A…

(215 ILCS 150/28) (from Ch. 148, par. 228) Sec. 28. This Act shall become effective upon its becoming a law. (Source: P.A. 80-530.)

(215 ILCS 5/28.1) (from Ch. 73, par. 640.1) (Section scheduled to be repealed on January 1, 2037) Sec. 28.1. Dealing in shares of company by officers, directors and principal stockholders. (a) Any person who is directly or indirectly the beneficial owner of more than 10% of any c…

(215 ILCS 5/28.2) (from Ch. 73, par. 640.2) (Section scheduled to be repealed on January 1, 2037) Sec. 28.2. Proxies, consents and authorizations of domestic stock companies. (a) The Director is authorized to regulate proxies, consents, and authorizations in respect of securities…

(215 ILCS 5/28.2a) (from Ch. 73, par. 640.2a) (Section scheduled to be repealed on January 1, 2037) Sec. 28.2a. Proxies. (1) A shareholder may appoint a proxy to vote or otherwise act for him or her by signing an appointment form and delivering it to the person so appointed. (2) …

(215 ILCS 5/282.1) (from Ch. 73, par. 894.1) (Section scheduled to be repealed on January 1, 2037) Sec. 282.1. Fraternal benefit societies. Any incorporated society, order or supreme lodge without capital stock, including one exempted under the provisions of Section 315.5(a) of t…

(215 ILCS 5/283.1) (from Ch. 73, par. 895.1) (Section scheduled to be repealed on January 1, 2037) Sec. 283.1. Lodge system. (a) A society is operating on the lodge system if it has a supreme governing body and subordinate lodges into which members are elected, initiated or admit…

(215 ILCS 5/284.1) (from Ch. 73, par. 896.1) (Section scheduled to be repealed on January 1, 2037) Sec. 284.1. Representative form of government. A society has a representative form of government when: (a) It has a supreme governing body constituted in one of the following ways: …

(215 ILCS 5/285.1) (from Ch. 73, par. 897.1) (Section scheduled to be repealed on January 1, 2037) Sec. 285.1. Definitions. Whenever used in this amendatory Act: (a) "Benefit contract" shall mean the agreement for provision of benefits authorized by Section 297.1 of this amendato…

(215 ILCS 5/286.1) (from Ch. 73, par. 898.1) (Section scheduled to be repealed on January 1, 2037) Sec. 286.1. Purposes and powers. (a) A society shall operate for the benefit of members and their beneficiaries by: (1) Providing benefits as specified in Section 297.1 of this amen…

(215 ILCS 5/287.1) (from Ch. 73, par. 899.1) (Section scheduled to be repealed on January 1, 2037) Sec. 287.1. Qualifications for membership. (a) A society shall specify in its laws or rules: (1) eligibility standards for each and every class of membership, provided that if benef…

(215 ILCS 5/288.1) (from Ch. 73, par. 900.1) (Section scheduled to be repealed on January 1, 2037) Sec. 288.1. Location of office, meetings, communications to members, grievance procedures. (a) The principal office and place of business of any domestic society shall be located in…

(215 ILCS 5/289.1) (from Ch. 73, par. 901.1) (Section scheduled to be repealed on January 1, 2037) Sec. 289.1. Personal liability. (a) The officers and members of the supreme governing body or any subordinate body of a society shall not be personally liable for any benefits provi…

(215 ILCS 5/29) (from Ch. 73, par. 641) (Section scheduled to be repealed on January 1, 2037) Sec. 29. Amendment of articles of incorporation. (1) A company subject to the provisions of this article may amend its articles of incorporation in any respect not in violation of law bu…

(215 ILCS 165/29) (from Ch. 32, par. 623) Sec. 29. The provisions of this Act shall be severable, and if any provision of this Act is declared unconstitutional or the applicability thereof to any person or circumstances is held invalid, the constitutionality of the remainder of t…

(215 ILCS 110/29) (from Ch. 32, par. 690.29) Sec. 29. Every subscription certificate made by a dental service plan corporation shall provide for the payment for dental services as therein specified for a period of 12 months from the date of issue of the subscription certificate. …

(215 ILCS 5/290.1) (from Ch. 73, par. 902.1) (Section scheduled to be repealed on January 1, 2037) Sec. 290.1. Waiver. The laws of the society may provide that no subordinate body, nor any of its subordinate officers or members, shall have the power or authority to waive any of t…

(215 ILCS 5/291.1) (from Ch. 73, par. 903.1) (Section scheduled to be repealed on January 1, 2037) Sec. 291.1. Organization. A domestic society organized on or after January 1, 1986 (the effective date of Public Act 84-303) shall be formed as follows: (a) Seven or more citizens o…

(215 ILCS 5/292.1) (from Ch. 73, par. 904.1) (Section scheduled to be repealed on January 1, 2037) Sec. 292.1. Amendments to Laws. (a) A domestic society may amend its laws in accordance with the provisions thereof by action of its supreme governing body at any regular or special…

(215 ILCS 5/293.1) (from Ch. 73, par. 905.1) (Section scheduled to be repealed on January 1, 2037) Sec. 293.1. Institutions. A society may create, maintain and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by Sec…

(215 ILCS 5/294.1) (from Ch. 73, par. 906.1) (Section scheduled to be repealed on January 1, 2037) Sec. 294.1. Reinsurance. (a) A domestic society may enter into reinsurance transactions only in accordance with Article XI of this Code. (b) A domestic society may reinsure the risk…

(215 ILCS 5/295.1) (from Ch. 73, par. 907.1) (Section scheduled to be repealed on January 1, 2037) Sec. 295.1. Consolidations and mergers. A domestic society may enter into agreements of consolidation or merger only in accordance with Article X of this Code. (Source: P.A. 84-303.…

(215 ILCS 5/295.2) (Section scheduled to be repealed on January 1, 2037) Sec. 295.2. Maintenance of solvency. (a) In the event a domestic society has an authorized control level event described in Section 35A-25 of this Code under circumstances the Director determines will not be…

(215 ILCS 5/296.1) (from Ch. 73, par. 908.1) (Section scheduled to be repealed on January 1, 2037) Sec. 296.1. Conversion of fraternal benefit society to mutual life insurance company. (a) Any society subject to the provisions of this amendatory Act possessed of admitted assets i…

(215 ILCS 5/297.1) (from Ch. 73, par. 909.1) (Section scheduled to be repealed on January 1, 2037) Sec. 297.1. Benefits. (a) A society may provide the following contractual benefits in any form: (1) Death benefits; (2) Endowment benefits; (3) Annuity benefits; (4) Temporary or pe…

(215 ILCS 5/298.1) (from Ch. 73, par. 910.1) (Section scheduled to be repealed on January 1, 2037) Sec. 298.1. Beneficiaries. (a) The owner of a benefit contract shall have the right at all times to change the beneficiary or beneficiaries in accordance with the laws or rules of t…

(215 ILCS 134/299) Sec. 299. Effective date. This Section and Section 200 of this Act take effect upon becoming law; Sections 25 and 85 take effect July 1, 2000; and the remaining Sections of this Act take effect January 1, 2000. (Source: P.A. 91-617, eff. 8-19-99.)

(215 ILCS 5/299.1a) (from Ch. 73, par. 911.1a) (Section scheduled to be repealed on January 1, 2037) Sec. 299.1a. Benefits not attachable. (a) No money or other charity, relief or aid to be paid, provided or rendered by any society shall be liable to attachment, garnishment or ot…

(215 ILCS 5/299.1b) (Section scheduled to be repealed on January 1, 2037) Sec. 299.1b. Data exchanges; administrative liens. (a) Any benefit association doing business in the State and governed by this Code shall enter into an agreement for data exchanges with the Department of H…

(215 ILCS 205/3) Sec. 3. Purpose. To provide protection of lives and property from the peril of flood, this Act is designed to encourage a robust private primary residential flood insurance market to provide consumer choices and alternatives to the existing National Flood Insuran…

(215 ILCS 155/3) (from Ch. 73, par. 1403) Sec. 3. As used in this Act, the words and phrases following shall have the following meanings unless the context requires otherwise: (1) "Title insurance business" or "business of title insurance" means: (A) Issuing as insurer or offerin…

(215 ILCS 120/3) (from Ch. 73, par. 1253) Sec. 3. Definitions. For purposes of this Act unless the context clearly requires otherwise: "Policyholders' Surplus" means a company's admitted assets less its liabilities, including its liability for an unearned premium reserve. "Direct…

(215 ILCS 150/3) (from Ch. 148, par. 203) Sec. 3. The trust fund shall be established and amended only by a written instrument which shall be filed with and approved by the Director of Insurance prior to its becoming effective. The Director of Insurance shall withhold approval of…

(215 ILCS 165/3) (from Ch. 32, par. 597) Sec. 3. It shall be unlawful for any person, except a health services plan corporation, incorporated under this Act, to establish, maintain or operate a voluntary health services plan. This prohibition, however, shall not be construed as p…

(215 ILCS 110/3) (from Ch. 32, par. 690.3) Sec. 3. "Dental service plan corporation" means a corporation organized under the terms of this Act for the sole and specific purpose of establishing and operating a dental service plan. (Source: Laws 1965, p. 2179.)

(215 ILCS 115/3) (from Ch. 32, par. 690.73) Sec. 3. Insurers and dental service plan corporations in this State which provide group insurance or prepaid health care that includes dental care only upon the condition that the insured or the person entitled to make a claim under the…

(215 ILCS 105/3) (from Ch. 73, par. 1303) Sec. 3. Operation of the Plan. a. There is hereby created an Illinois Comprehensive Health Insurance Plan. b. The Plan shall operate subject to the supervision and control of the Board. The Board is created as a political subdivision and …

(215 ILCS 124/3) Sec. 3. Applicability of Act. This Act applies to an individual or group policy of health insurance coverage with a network plan amended, delivered, issued, or renewed in this State on or after January 1, 2019. This Act does not apply to an individual or group po…

(215 ILCS 125/3-1) (from Ch. 111 1/2, par. 1407.3) Sec. 3-1. Investment Regulations. (a) Any health maintenance organization may invest its funds as provided in this Section and not otherwise. A health maintenance organization that is organized as an insurance company may also ac…

(215 ILCS 165/3.1) (from Ch. 32, par. 597.1) Sec. 3.1. No new plans may be chartered. No voluntary health services plan shall be issued a charter for the purpose of doing business under this Act after the effective date of this Amendatory Act of 1989. (Source: P.A. 86-600.)

(215 ILCS 155/3.1) Sec. 3.1. Public policy. It is declared to be the public policy of this State, pursuant to subsection (h) of Section 6 of Article VII of the Illinois Constitution of 1970, that any power or function set forth in this Act to be exercised by the State is an exclu…

(215 ILCS 5/3.1) (from Ch. 73, par. 615.1) Sec. 3.1. Definitions of admitted assets. "Admitted Assets" includes the investments authorized or permitted by this Code, the credit for reinsurance allowed by this Code, and in addition thereto, only the following: (1) Amounts, other t…

(215 ILCS 121/30) Sec. 30. Certificate denial, nonrenewal, or revocation. (a) The Director may place on probation, suspend, revoke, or refuse to issue or renew a navigator or certified application counselor certificate or may levy a civil penalty as established by rule. (b) If an…