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215 ILCS 100/50

Examination authority

Known as the Reinsurance Intermediary Act

The act spans §§ 215-100-1 to 215-100-60 (13 sections).

P.A. 87-108.

(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.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.