The Association shall be subject to examination and regulation by the Director. The board of directors must submit to the Director, not later than the first day of the fifth month following the end of the Association's fiscal year, a financial report for such fiscal year in a form acceptable to the Director and a report of its activities during such fiscal year.
215 ILCS 5/531.15
Examination of the Association - Annual Report
Known as the Illinois Life and Health Insurance Guaranty Association Law
The act spans §§ 215-5-531-01 to 215-5-531-20 (21 sections).
P.A. 86-753.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.