(215 ILCS 5/123A-10) (from Ch. 73, par. 735A-10)
(Section scheduled to be repealed on January 1, 2027)
Sec. 123A-10.
Compliance of membership with Article.
Any group, association or organization of admitted companies which
engages in joint underwriting or joint reinsurance through any group,
association or organizations or by standing agreement among the members of
such organizations, which has complied with the applicable provisions of
this Article are authorized to conduct joint reinsurance and joint
underwriting activities relative to individual risks in this State.
(Source: P.A. 77-1882.)
|