Ill. Admin. Code tit. 50, § 1305.40 - Penalties

Current through Register Vol. 46, No. 15, April 8, 2022

Failure of a domestic captive insurance company to timely file the report required by this Part or Section 123C-26 of the Code or to issue dividends or other distributions without the approval of the Director shall subject the domestic captive insurance company or companies to Article XXIV of the Code or any other remedy available to the Director.

Notes

Ill. Admin. Code tit. 50, § 1305.40
Added at 44 Ill. Reg. 13347, effective 7/31/2020.

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