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65 ILCS 95/17

Insurance

Known as the Home Equity Assurance Act

The act spans §§ 65-95-1 to 65-95-9 (24 sections).

P.A. 85-1044.

If insurance or other form of payment is available to and carried by a member to provide protection similar to that provided by a program, the governing commission shall not be liable for a greater proportion of the loss than the amount provided by the program bears to the total amount available from all sources.

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