215 ILCS 5/175

Current through Public Act 103-1052
Section 215 ILCS 5/175 - Conditions for approval

Any reinsurance agreement requiring the written approval of the Director under section 174 shall be approved by him if the terms thereof do not injuriously affect the rights of policyholders of any of the companies which are parties thereto. If the Director refuses to approve any such agreement, he shall grant the company a hearing upon request.

215 ILCS 5/175

Laws 1965, p. 1077.