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| | HB2677 Enrolled | | LRB099 07635 MLM 27766 b |
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1 | | AN ACT concerning regulation.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Dental Service Plan Act is amended by |
5 | | changing Section 25 and adding Section 27.1 as follows:
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6 | | (215 ILCS 110/25) (from Ch. 32, par. 690.25)
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7 | | Sec. 25. Application of Insurance Code provisions. Dental |
8 | | service
plan corporations and all persons interested therein or |
9 | | dealing therewith
shall be subject to the provisions of |
10 | | Articles IIA , XI, and XII 1/2
and
Sections 3.1,
133, 136, 139, |
11 | | 140, 143, 143c, 149, 355.2, 355.3, 367.2, 401, 401.1, 402, 403, |
12 | | 403A, 408,
408.2, and 412, and subsection (15) of Section 367 |
13 | | of the Illinois Insurance
Code.
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14 | | (Source: P.A. 97-486, eff. 1-1-12; 97-805, eff. 1-1-13.)
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15 | | (215 ILCS 110/27.1 new) |
16 | | Sec. 27.1. Reinsurance agreement; filing. A dental service |
17 | | plan may enter into reinsurance agreements for dental service. |
18 | | Any reinsurance agreement shall be subject to the provisions of |
19 | | the laws of this State regarding reinsurance as provided in |
20 | | Article XI of the Illinois Insurance Code. All reinsurance |
21 | | agreements must be filed with the Director. A reinsurance |
22 | | agreement which is not disapproved by the Director within 30 |