Section 651.20 Purpose

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Illinois Administrative Code › Title 50 INSURANCE › CHAPTER I: DEPARTMENT OF INSURANCE › Part 651 ACQUISITION OF CONTROL OF A DOMESTIC COMPANY › Section 651.20 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 851

Section 651.20 Purpose

The purpose of this Part is to

set forth requirements which the Director deems necessary to carry out the

provisions of Section 131.4 through and including Sections 131.12 and 131.24 of

the Illinois Insurance Code. The information called for by this Part is hereby

declared to be necessary and appropriate for the protection of policyholders,

the insurance buying public and for the information of security holders.

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