(215 ILCS 5/91) (from Ch. 73, par. 703)

(Section scheduled to be repealed on January 1, 2027)

Sec. 91. Declaration of domestic Lloyds. The attorney-in-fact for underwriters who desire to form a domestic Lloyds under this Article shall sign and acknowledge before an officer authorized to take acknowledgments, a declaration in duplicate. When the attorney-in-fact is a corporation the declaration shall be acknowledged by an officer of such corporation. The declaration shall set forth

(a) the name of the attorney-in-fact, and the name or designation under which contracts are to be effected;

(b) the location of the office of the attorney-in-fact;

(c) the names and addresses, including streets and numbers, if any, of the underwriters;

(d) the class or classes of insurance which such Lloyds proposes to transact and the kinds of insurance in each class which it proposes to write;

(e) such other provisions not inconsistent with law which may be deemed by the attorney-in-fact or the underwriters to be necessary or advisable.

(Source: P.A. 88-535.)