Sec. 121-2. Transacting business without certificate of authority prohibited - Exempt transactions.
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/il/chapter-215/act-5/121-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 121-2. Transacting business without certificate of authority prohibited - Exempt transactions. It is unlawful for any insurer to transact insurance business in this State, (as described in Section 121-3,) without a certificate of authority from the Director. This Section does not however, apply to any transaction described in Sections 121-2.01 through 121-2.10.