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Code · Illinois · Chapter 215 — INSURANCE · Act 155

Sec. 5. Certificate of authority required.

92 words·~1 min read·/il/chapter-215/act-155/5

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Sec. 5. Certificate of authority required. It is unlawful for any company to engage or to continue in the business of title insurance without first procuring from the Secretary a certificate of authority stating that the company has complied with the requirements of Section 4 of this Act. An insurer that transacts any class of insurance other than title insurance anywhere in the United States is not eligible for the issuance of a certificate of authority to transact title insurance in this State nor for a renewal of a certificate of authority.
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