(215 ILCS 120/6) (from Ch. 73, par. 1256)
Sec. 6.
Territories.
The territories of a farm mutual insurance
company are limited to its domiciliary county and counties contiguous
thereto. However, territories may be expanded by amendment to its
articles of incorporation in accordance with Section 7 of this Act.
Territorial limitations shall not apply to reinsurance assumed from other
farm mutual companies operating under this Act.
Any farm mutual insurance company which does not wish to avail itself of
additional territory authorized by Sections 6 or 7 of this Act or kinds of
insurance authorized by Section 5 of this Act may retain the territorial
authority contained in its articles of incorporation that were in effect on
the effective date of this Act.
(Source: P.A. 84-1431.)
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