(Section scheduled to be repealed on January 1, 2027)

123 words·~1 min read·/il/chapter-215/act-5/1-164

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 47. Publication of intention.

(1)Upon compliance with the provisions of Section 45, the incorporators shall cause to be published in a newspaper of general circulation in this State, in the county where the principal office of the company is to be located, once each week for three consecutive weeks, a notice setting forth

(a)their intent to form the company and the proposed name thereof;

(b)the class or classes of insurance business in which the company proposes to engage;

and

(c)the address where its principal office shall be located.

(2)Proof of such publication made by a certificate of the publisher or his agent shall be delivered to the Director.