The Director may promulgate rules necessary to effectuate the purposes of this Article. Any rules so promulgated will not affect any existing SPRV insurance securitization in effect at the time of the promulgation.
215 ILCS 5/179E-100
Authority to adopt rules
Known as the Special Purpose Reinsurance Vehicle Law
The act spans §§ 215-5-179e-1 to 215-5-179e-95 (21 sections).
P.A. 92-124, eff. 7-20-01.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.