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Section 1250.10 Purpose

IllinoisRegulations

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Illinois Administrative Code › Title 50 INSURANCE › CHAPTER I: DEPARTMENT OF INSURANCE › Part 1250 CORRECTIVE ORDERS › Section 1250.10 Purpose

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Section 1250

Section 1250.10  Purpose

a)         The purpose of this Part is to set forth the standards the

Director may use for identifying insurers found to be in such condition as to

render the continuance of their business hazardous to their policyholders,

creditors or the general public.

b)         This Part shall not be interpreted to limit the powers granted

the Director to enforce any laws or parts of laws of this State, nor shall this

Part be interpreted to supersede any laws or parts of laws of this State.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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