Sec. 5.05. Accredited state.
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/il/chapter-215/act-107/5-05A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 5.05. Accredited state. "Accredited state" means a state in which the insurance regulatory agency has qualified as meeting the minimum financial regulatory standards promulgated and established from time to time by the National Association of Insurance Commissioners.