Illinois Administrative Code (Last Updated: March 27, 2024)

§1250.10. Purpose

Latest version.

a) The purpose of this Part is to set forth the standards the Director may use for identifying insurers found to be in such condition as to render the continuance of their business hazardous to their policyholders, creditors or the general public.

b) This Part shall not be interpreted to limit the powers granted the Director to enforce any laws or parts of laws of this State, nor shall this Part be interpreted to supersede any laws or parts of laws of this State.

(Source: Amended at 36 Ill. Reg. 869, effective January 3, 2012)

                    
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