State of Illinois
92nd General Assembly
Legislation

   [ Search ]   [ PDF text ]   [ Legislation ]   
[ Home ]   [ Back ]   [ Bottom ]



92_HB1396

 
                                               LRB9203570JStm

 1        AN ACT in relation to insurance.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Illinois Insurance  Code  is  amended  by
 5    changing Section 357.29 as follows:

 6        (215 ILCS 5/357.29) (from Ch. 73, par. 969.29)
 7        Sec.  357.29.  Requirements  of other jurisdictions.  Any
 8    policy of a foreign  or  alien  company,  when  delivered  or
 9    issued  for delivery to any person in this State, may contain
10    any provision that which is not less favorable to the insured
11    or the beneficiary than the provisions of  this  Article  and
12    which is prescribed or required by the law of the state under
13    which the company is organized.
14        Any  policy  of  a  domestic company may, when issued for
15    delivery in any other state or country, contain any provision
16    permitted or required by the laws  of  such  other  state  or
17    country.
18    (Source: Laws 1967, p. 1735.)

[ Top ]