This Act shall require recognition of the Revised Uniform Unclaimed Property Act and require the complete and proper disclosure, transparency, and accountability relating to any method of payment for life insurance, annuity, or retained asset agreement death benefits.
215 ILCS 185/5
Purpose
Known as the Unclaimed Life Insurance Benefits Act
The act spans §§ 215-185-1 to 215-185-5 (9 sections).
P.A. 99-893, eff. 1-1-17; 100-22, eff. 1-1-18.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.