Illinois General Assembly - Illinois Compiled Statutes

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215 ILCS 113/20

(215 ILCS 113/20)

Sec. 20.

Registration.

(a) A lessor shall register with the Department prior to becoming a
qualified self-insured for workers' compensation or becoming eligible to be
issued a workers' compensation and employers' liability insurance policy.   The
registration shall:

(1) identify the name of the lessor;

(2) identify the address of the principal place of

business of the lessor;

(3) include the lessor's taxpayer or employer

identification number;

(4) include a list by jurisdiction of each and every

name that the lessor has operated under in the preceding 5 years including any alternative names and names of predecessors;

(5) include a list of the officers and directors of

the lessor and its predecessors, successors, or alter egos in the preceding 5 years; and

(6) include a $1,000 fee for the registration and

each annual renewal thereafter.

Amounts received as registration fees shall be deposited into the Insurance
Producer
Administration Fund.

(b) (Blank).

(c) Lessors registering
pursuant to
this Section shall notify the Department within 30 days as to any changes
in any information
provided pursuant to this Section.

(d) The Department shall maintain a list of those lessors who are registered
with the Department.

(e) The Department may prescribe any forms that are
necessary to promote the efficient administration of this Section.

(f) Any lessor that was doing
business in this
State prior to enactment of this Act shall register with the Department
within
60 days of the effective date of this Act.

(Source: P.A. 93-32, eff. 7-1-03.)