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Code · Illinois · Chapter 215 — INSURANCE · Act 5

(Section scheduled to be repealed on January 1, 2057)

84 words·~1 min read·/il/chapter-215/act-5/1-42

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

(Section scheduled to be repealed on January 1, 2057)
Sec. 123B-12. Binding effect of orders issued in U.S. District Court. An order issued by any United States District Court enjoining a risk retention group from soliciting or selling insurance, or operating, in any state (or in all states or in any territory or possession of the United States) upon a finding that such a group is in a hazardous financial condition or financially impaired condition shall be enforceable in the courts of this State.
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