reglab/housing_qa huggingface dataset:
215 ILCS 5/500-90
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-90.     Reciprocity.(a) The Director shall waive any requirements for a nonresident license  applicant  with a valid license from his or her home state, except the requirements  imposed by Section 500-40 of this Article, if the applicant's home state awards  nonresident licenses to residents of this  State on the same basis.(b) A nonresident producer's satisfaction of his or her home state's  continuing  education  requirements for licensed insurance producers shall constitute satisfaction of  this  State's continuing  education requirements if the non-resident producer's home state recognizes  the satisfaction of  its continuing education requirements imposed upon producers from this State  on the same basis.    (Source: P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/500-95
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-95.     Reporting of actions.     An individual who, while licensed as an  insurance producer,  is convicted of a felony, must report the conviction to the Director within 30  days after the entry  date of the judgment.  Within that 30-day period, the individual must also  provide the Director  with a copy of the judgment, the probation or commitment order, and any other  relevant  documents.    (Source: P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/500-108
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

Sec. 500-108. (Repealed).  (Source: P.A. 98-1165, eff. 6-1-15. Repealed by P.A. 102-212, eff. 10-28-21.)
215 ILCS 5/500-115
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-115.     Financial responsibilities.(a) Any money that an insurance producer, limited line producer, temporary  insurance producer, business entity, or surplus line producer receives for  soliciting, negotiating,  effecting, procuring, renewing,  continuing, or binding policies of insurance shall be held in a  fiduciary capacity and shall not  be misappropriated, converted, or improperly withheld.  An  insurance company that delivers to  any insurance producer in this State a policy or contract for  insurance pursuant to the application  or request of an insurance producer, authorizes the producer  to collect or receive on its behalf payment  of any premium that is due on the policy or contract for  insurance at the time of its issuance or delivery and any premium that becomes  due on the policy  or contract not more than 90 days thereafter.(b) An insurer that issues a policy of insurance shall be deemed to have  received  payment of the premium  if the insured paid any insurance producer requesting the coverage.  The  insurer shall be responsible  to the insured for any return premium.(c) In the case of open  accounts receivable with the balance payable to an insurance  producer within a specified  period of 90 days or less, where the balance is not fully paid within  that period, a late charge  not exceeding 1.5% per month may be added by the insurance producer  to the unpaid balance to induce  payment of the premium.(d) If an insurance producer or surplus line producer knowingly  misappropriates or converts to his or her own use or illegally withholds  fiduciary moneys in the amount of $150 or less, he or she is guilty of a Class  A misdemeanor for a first offense and a Class 4 felony for subsequent  conversions, misappropriations, and withholdings of that nature.  If an  insurance producer or surplus line producer knowingly misappropriates or  converts to his or her own use or illegally withholds premiums in excess of  $150, he or she is guilty of a Class 3 felony.    (Source: P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/500-120
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-120.     Conflicts of interest; inactive status.(a) A person, partnership, association, or  corporation licensed by the  Department  who, due to employment with any unit of government  that would cause a conflict  of interest with  the holding of that license, notifies the Director  in writing on forms  prescribed by the Department  and, subject to rules of the Department, makes payment  of applicable licensing  renewal fees, may  elect to place the license on an inactive status.(b) A licensee whose license is on inactive status  may have the license  restored by  making application to the Department on such form as may  be prescribed by the  Department.  The application must be accompanied with a fee of $100 plus  the current  applicable license fee.(c) A license may be placed on inactive status for a 2-year period, and upon  request,  the inactive status may be extended for a successive 2-year period not to  exceed a cumulative 4-year inactive period.  After a license has been  on  inactive status for 4 years or more, the licensee  must meet all of the standards required of a new applicant before the license  may be restored to  active status.(d) If requests for inactive  status are not renewed as set forth in subsection  (c), the  license will be taken off the inactive status and the license will lapse  immediately.    (Source: P.A. 92-386, eff. 1-1-02; 93-32, eff. 7-1-03.)
215 ILCS 5/500-125
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-125.     Controlled business.(a) An insurance producer license may not be granted or extended to any  person if the  Director has reasonable cause to believe:(1) that during either of the 2 calendar years     immediately preceding the extension date of the license the aggregate amount of premiums on insurance represented by controlled business exceeded the aggregate amount of premiums on all other insurance business of the licensee; or(2) that during the 12-month period immediately     following the issuance or extension of the license, if so issued or extended, the aggregate amount of premiums on controlled business would exceed the aggregate amount of premiums on all other insurance business of the applicant or licensee.(b) Controlled business means insurance procured or to be procured by or  through the  person upon:(1) his own life, person, property or risks, or those     of his spouse; or(2) the life, person, property, or risks of his     employer or his own business.   (Source: P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/500-130
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-130. Bond required of insurance producers.(a) An insurance producer who places insurance either directly or indirectly  with an  insurer with which the insurance producer does not have an agency contract must  maintain in force  while licensed a bond in favor of the people of the  State of Illinois executed by an authorized  surety company and payable to any party injured under  the terms of the bond.  The bond shall be  continuous in form and in the amount of $2,500 or 5% of  the premiums brokered in the previous  calendar year, whichever is greater, but not to exceed  $50,000 total aggregate liability. The bond  shall be conditioned upon full accounting and due payment  to the person or company entitled  thereto, of funds coming into the insurance producer's  possession as an incident to insurance  transactions under the license or surplus line insurance  transactions under the license as a surplus  line producer.(b) Authorized insurance producers of a business entity may  meet the requirements of this  Section with a bond in the name of the business entity,  continuous in form, and in the amounts  set forth in subsection (a) of this Section.  Insurance  producers may meet the requirements of this  Section with a bond in the name of an  association.  An  individual producer remains responsible  for assuring  that a producer bond is in effect and is for  the correct amount.  The association must  have been in existence for 5 years, have common membership,  and been formed for a purpose  other than obtaining a bond.(c) The surety may cancel the bond and be released from further  liability thereunder upon  30 days' written notice in advance to the principal. The  cancellation does not affect any liability  incurred or accrued under the bond before the termination  of the 30-day period.(d) The producer's license may be revoked if the producer acts without a  bond that is  required under this Section.(e) If a party injured under the terms of the bond requests the producer to  provide the  name of the surety and the bond number, the producer must provide the  information within 3  working days after receiving the request.(f) An association may meet the requirements of this Section for all of its  members with a  bond in the name of the association that is continuous in form and in the  amounts set forth in  subsection (a) of this Section.  (Source: P.A. 102-135, eff. 7-23-21.)
215 ILCS 5/500-135
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-135. Fees.(a) The fees required by this Article are as follows:(1) a fee of $215 for a person who is a resident of     Illinois, and $380  for a person who is not a resident of Illinois, payable once every 2 years for an insurance producer license;(2) a fee of $50 for the issuance of a temporary     insurance producer license;(3) a fee of $150 payable once every 2 years for a     business entity;(4) an annual $50 fee for a limited line producer     license issued under items (1) through (8) of subsection (a) of Section 500-100;(5) a $50 application fee for the processing of a     request to take the written examination for an insurance producer license;(6) an annual registration fee of $1,000 for     registration of an education provider;(7) a certification fee of $50 for each certified     pre-licensing or continuing education course and an annual fee of $20 for renewing the certification of each such course;(8) a fee of $215 for a person who is a resident of     Illinois, and $380  for a person who is not a resident of Illinois, payable once every 2 years for a car rental limited line license;(9) a fee of $200 payable once every 2 years for a     limited lines license other than the licenses issued under items (1) through (8) of subsection (a) of Section 500-100, a car rental limited line license, or a self-service storage facility limited line license;(10) a fee of $50 payable once every 2 years for a     self-service storage facility limited line license.(a-5)    Beginning on July 1, 2021, an amount equal to the additional amount of revenue collected under paragraphs (1) and (8) of subsection (a) as a result of the increase in the fees under this amendatory Act of the 102nd General Assembly shall be transferred annually, with 10% of that amount paid into the State Police Training and Academy Fund and 90% of that amount paid into the Law Enforcement Training Fund.(b) Except as otherwise provided, all  fees paid to and collected by the Director under  this Section shall be paid promptly after receipt thereof, together with a  detailed statement of  such fees, into a special fund in the State Treasury to be known as the  Insurance Producer  Administration Fund.  The moneys deposited into the  Insurance Producer  Administration Fund  may be used only for payment of the expenses of the Department in the  execution,  administration, and enforcement of the insurance laws of this State, and shall  be appropriated as  otherwise provided by law for the payment of those expenses with first priority  being any  expenses incident to or associated with the administration and enforcement of  this Article.  (Source: P.A. 102-16, eff. 6-17-21.)
215 ILCS 5/500-140
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-140.     Injunctive relief.     A person required to be licensed under  this Article but failing to  obtain a valid and current license under this Article constitutes a public  nuisance.  The Director  may report the failure to obtain a license to the Attorney General, whose duty  it is to apply  forthwith by complaint on relation of the Director in the name of the people of  the State of  Illinois, for injunctive relief in the circuit court of the county where the  failure to obtain a license  occurred to enjoin that person from failing to obtain a license.  Upon the  filing of a verified  petition in the court, the court, if satisfied by affidavit or otherwise that  the person is required to  have a license and does not  have a valid and current license, may enter a temporary restraining  order without notice or bond,  enjoining the defendant from acting in any capacity that requires such  license.  A copy of the verified  complaint shall be served upon the defendant, and the  proceedings shall thereafter be  conducted as in other civil cases.  If it is established that the  defendant has been, or is engaged  in any unlawful practice, the court may enter an order or  judgment perpetually enjoining the  defendant from further engaging in such practice.  In all  proceedings brought under this Section,  the court, in its discretion, may apportion the costs  among the parties, including the cost of  filing the complaint, service of process, witness fees and  expenses, court reporter charges, and  reasonable attorney fees.  In case of the violation of any  injunctive order entered under the provisions of this Section,  the court may summarily try and  punish the offender for contempt of court.  The injunctive relief  available  under this Section is in  addition to and not in lieu of all other penalties and remedies provided in  this Code.    (Source: P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/500-145
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-145.     Rules.     The Director may, in accordance with Section 401 of  this  Code, promulgate  reasonable rules as are necessary or proper to carry out the purposes of this  Article.    (Source: P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/500-150
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-150.     Severability.     The provisions of this Article are severable  under Section 1.31 of  the Statute on Statutes.    (Source: P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/500-155
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(Section scheduled to be repealed on January 1, 2027)Sec. 500-155. Disclosure. A policy the solicitation of which involves an  insurance producer,  limited insurance representative, or temporary insurance producer must identify  the name of the  producer, representative, or firm.  An individual life or accident and health  application and a  master policy application for life or accident and health group coverages must  bear the name and  signature of the licensee who solicited and wrote the application.  (Source: P.A. 97-207, eff. 7-28-11.)
215 ILCS 5/500.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.47-1)Sec. 500.1.     (Repealed).     (Source: P.A. 85-334. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/501.2
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.48-2)Sec. 501.2.     (Repealed).     (Source: P.A. 83-801. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/502.2
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.49-2)Sec. 502.2.     (Repealed).     (Source: P.A. 83-801. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/503.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.50-1)Sec. 503.1.     (Repealed).     (Source: P.A. 83-801. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/504
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.51)Sec. 504.     (Repealed).     (Source: P.A. 83-1007. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/504.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.51-1)Sec. 504.1.     (Repealed).     (Source: P.A. 83-1299. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/505.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.52-1)Sec. 505.1.     (Repealed).     (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/505.2
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.52-2)Sec. 505.2.     (Repealed).     (Source: P.A. 86-905. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/506.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.53-1)Sec. 506.1.     (Repealed).     (Source: P.A. 83-1299. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/507.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.54-1)Sec. 507.1.     (Repealed).     (Source: P.A. 88-313. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/508.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.55-1)Sec. 508.1.     (Repealed).     (Source: P.A. 85-334. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/508.2
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.55-2)Sec. 508.2.     (Repealed).     (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/509.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.56-1)Sec. 509.1.     (Repealed).     (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/510.2
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

 (from Ch. 73, par. 1065.57-2)Sec. 510.2.     (Repealed).     (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/511.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms

(215 ILCS 5/511.1) (from Ch. 73, par. 1065.58-1)Sec. 511.1.     (Repealed).     (Source: P.A. 84-548. Repealed by P.A. 92-386, eff. 1-1-02.)
215 ILCS 5/Art. XXXI.25 heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI 1/4 - Third Party Administrators

 ARTICLE XXXI 1/4.      THIRD PARTY ADMINISTRATORS (Article scheduled to be repealed on January 1, 2027)
215 ILCS 5/511.100
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI 1/4 - Third Party Administrators

 (from Ch. 73, par. 1065.58-100)(Section scheduled to be repealed on January 1, 2027)Sec. 511.100.     Purpose.     The purpose of this Article is to recognize and  provide reasonable public supervision and licensing of persons who provide  administrative services in connection with insurance or alternatives to  insurance.    (Source: P.A. 84-887.)
215 ILCS 5/511.102
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI 1/4 - Third Party Administrators

 (from Ch. 73, par. 1065.58-102)(Section scheduled to be repealed on January 1, 2027)Sec. 511.102.     License required.(a) No person may act as or hold  himself out to be an administrator after July 1, 1986 unless duly licensed  in accordance with this Article.  An administrator doing business in this  State on July 1, 1986 shall apply for a license within 90 days thereafter.(b) In addition to any other penalty set forth in this Article, any person  violating subsection (a) above is guilty of a Class A misdemeanor.    (Source: P.A. 84-887.)
215 ILCS 5/511.103
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXI 1/4 - Third Party Administrators

 (from Ch. 73, par. 1065.58-103)(Section scheduled to be repealed on January 1, 2027)Sec. 511.103.     Application.     The applicant for a license shall file  with the Director an application upon a form prescribed by the Director,  which shall include or have attached the following:(1) The names, addresses and official positions of     the individuals who are responsible for the conduct of the affairs of the administrator, including but not limited to all members of the board of directors, board of trustees, executive committee, or other governing board or committee, the principal officers in the case of a corporation or the partners in the case of a partnership; and(2) A non-refundable filing fee of $200 which shall     become the initial administrator license fee should the Director issue an administrator license.   (Source: P.A. 93-32, eff. 7-1-03.)