(215 ILCS 5/59) (from Ch. 73, par. 671)

(Section scheduled to be repealed on January 1, 2027)

Sec. 59. Reinsurance agreements. Unless the contract provides otherwise any reinsurance agreement effected by any company subject to the provisions of this Article upon the whole or any part of any risk shall be without contingent liability or participation or membership.

(Source: Laws 1937, p. 696.)