(215 ILCS 5/68) (from Ch. 73, par. 680)
(Section scheduled to be repealed on January 1, 2027)
Sec. 68.
Declaration
of organization.
The attorney-in-fact of subscribers who desire to form a reciprocal
under this Article shall sign and acknowledge, before an officer authorized
to take acknowledgments, a declaration of organization in duplicate. When
the attorney-in-fact is a corporation, the declaration shall be
acknowledged by an officer thereof. The declaration shall set forth
(a) the name of the attorney-in-fact and the name or |
| designation under which contracts are to be exchanged;
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(b) the location of the principal office of the
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(c) the class or classes of insurance, as provided in
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| Section 65, which it proposes to effect or exchange and the kinds of insurance in each class to be effected or exchanged;
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(d) such other provisions not inconsistent with law
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| which may be deemed by the attorney-in-fact or subscribers to be necessary or advisable.
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(Source: Laws 1937, p. 696 .)
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