Section 927.10  Authority

This Part is promulgated by the Director of Insurance pursuant to authority contained in Section 401 of the Illinois Insurance Code (Ill. Rev. Stat. 1991, ch. 73, par. 1013) [215 ILCS 5/136 and 401] which empowers the Director "...to make reasonable rules and regulations as may be necessary to make effective..." insurance laws of the State of Illinois.  This Part implements particularly Section 136 of the Illinois Insurance Code (Ill. Rev. Stat. 1991, ch. 73, par. 748) [215 ILCS 5/136].

(Source:  Amended at 17 Ill. Reg. 15834, effective September 14, 1993)