Sec. 157. Powers of company not enlarged.
66 words·~1 min read·
/il/chapter-215/act-5/157A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 157. Powers of company not enlarged.
Nothing in this article contained shall be construed to authorize any company to engage in any kind of insurance business not authorized by its articles of incorporation nor to authorize any foreign or alien company to engage in any kind of insurance business in this State not covered by its certificate of authority to do business in this State.