Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE50. INSURANCE |
PART301. ACCUMULATION OF GUARANTY FUND OR GUARANTY CAPITAL – REPORTING AND ACCOUNTING OF SUCH INDEBTEDNESS |
§301.10. Authority
Latest version.
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This Part is promulgated by the Director of the Department of Insurance (Director) under Section 401(a) of the Illinois Insurance Code which empowers the Director to make reasonable rules and regulations as may be necessary for making effective the insurance laws of this State. It is the purpose of this Part to implement Section 56 of the Illinois Insurance Code.
(Source: Amended at 29 Ill. Reg. 14935, effective September 20, 2005)