"Accredited state" means a state in which the insurance regulatory agency has qualified as meeting the minimum financial regulatory standards promulgated and established from time to time by the National Association of Insurance Commissioners.
215 ILCS 107/5.05
Accredited state
Known as the Producer Controlled Insurer Act
The act spans §§ 215-107-1 to 215-107-99 (16 sections).
P.A. 87-1090.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.