(215 ILCS 5/1745)

(This Section may contain text from a Public Act with a delayed effective date)

Sec. 1745. Department oversight. Insurers engaging in an insurance business transfer under this Article consent to the jurisdiction of the Director with regard to any aspect of the transferred business or business transfer plan, including the authority of the Director to conduct financial analysis and examinations, regardless of whether the insurer has a certificate of authority or another basis for the Director's jurisdiction exists.

(Source: P.A. 103-75, eff. 1-1-25.)