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215 ILCS 5/2
(215 ILCS 5/2) (from Ch. 73, par. 614)
Sec. 2.
General
definitions.
In this Code, unless the context otherwise requires,
(a) "Director" means the Director of Insurance.
(b) "Department" means the Department of Insurance.
(c) "State" or "State of the United States" includes the District of
Columbia and a territory or possession of the United States.
(d) "Country" or "Foreign Country" includes a state, province or
political subdivision thereof.
(e) "Company" means an insurance or surety company and shall be deemed
to include a corporation, company, partnership, association, society,
order, individual or aggregation of individuals engaging in or proposing or
attempting to engage in any kind of insurance or surety business, including
the exchanging of reciprocal or inter-insurance contracts between
individuals, partnerships and corporations.
(f) "Domestic Company" means a company incorporated or organized under
the laws of this State.
(g) "Foreign Company" means a company incorporated or organized under
the laws of any state of the United States other than this State.
(h) "Alien Company" means a company incorporated or organized under the
laws of any country other than the United States.
(i) "Mutual Legal Reserve Life Company" means a mutual life company
issuing contracts without contingent liability on the policyholder.
(j) "Assessment Legal Reserve Life Company" means a life company issuing
contracts providing for contingent liability on the policyholder.
(k) "Reciprocal" includes Inter-Insurance Exchange.
(l) "Person" includes an individual, aggregation of individuals,
corporation, association and partnership.
(m) Personal pronouns include all genders, the singular includes the
plural and the plural includes the singular.
(n) "Policy" means an insurance policy or contract and includes
certificates of fraternal benefit societies, assessment companies, mutual
benefit associations, and burial societies.
(o) "Policyholder" means a holder of an insurance policy or contract and
includes holders of certificates of fraternal benefit societies, assessment
companies, mutual benefit associations, and burial societies.
(p) "Articles of Incorporation" means the basic instrument of an
incorporated company and all amendments thereto and includes "Charter,"
"Articles of Organization," "Articles of Reorganization," "Articles of
Association," and "Deed of Settlement."
(q) "Officer" when used to refer to an officer of a company includes an
attorney-in-fact for a reciprocal or Lloyds.
(Source: Laws 1937, p. 696.)
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