# 50 Ill. Adm. Code 651.20: Section 651.20 Purpose

> Illinois · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T50_P651_S651_20

## Section

- **Citation:** 50 Ill. Adm. Code 651.20
- **Heading:** Section 651.20 Purpose
- **Jurisdiction:** Illinois
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Illinois Administrative Code / Title 50 INSURANCE / CHAPTER I: DEPARTMENT OF INSURANCE / Part 651 ACQUISITION OF CONTROL OF A DOMESTIC COMPANY / Section 651.20 Purpose

## 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.

## Nearby sections

- [50 Ill. Adm. Code 651.20 Section 651.20  Purpose](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T50_P651_S651_20.md)
- [50 Ill. Adm. Code 651.30 Section 651.30  Definitions](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T50_P651_S651_30.md)
- [50 Ill. Adm. Code 651.40 Section 651.40  Acquisition of Control – Form of Statement Filing](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T50_P651_S651_40.md)
- [50 Ill. Adm. Code 651.80 Section 651.80  Severability Provision](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T50_P651_S651_80.md)
- [50 Ill. Adm. Code 651.ILLUSTRATION Section 651.ILLUSTRATION  A   Statement Regarding the Acquisition of Control of a Domestic Insurer](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T50_P651_S651_ILLUSTRATION.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T50_P651_S651_20. Check the current official text before relying on it. Not legal advice.