reglab/housing_qa huggingface dataset:
215 ILCS 5/92
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 704)(Section scheduled to be repealed on January 1, 2027)Sec. 92.     Documents  to be delivered to director.     Upon the execution of the declaration by the attorney-in-fact for a  domestic Lloyds, there shall be delivered to the Director(a) duplicate originals of the declaration;(b) a copy of the power of attorney of the     attorney-in-fact;(c) an instrument authorizing the service of process     on the Director provided for in Section 105;(d) 2 organization bonds or the cash or securities     provided for in Section 93.   (Source: Laws 1965, p. 422.)
215 ILCS 5/93
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 705)(Section scheduled to be repealed on January 1, 2027)Sec. 93.     Bonds.         The attorney-in-fact for any domestic Lloyds in the process of  organization shall deliver to the Director two bonds in the same penalties  and containing the same provisions so far as applicable as the bonds  required for the organization of a stock company by Section 16, for the  use and benefit of the State of Illinois, the underwriters and creditors,  or in lieu of delivering such bonds the attorney-in-fact may deposit cash  or securities of the same kind or amount and on the same terms and  conditions so far as applicable as provided by said Section.    (Source: Laws 1937, p. 696.)
215 ILCS 5/94
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 706)(Section scheduled to be repealed on January 1, 2027)Sec. 94.     Approval of  documents.     The documents and papers so delivered to the Director may be approved or  disapproved by the Director, and the attorney-in-fact or underwriters shall  be entitled to a hearing in the same manner as provided in Section 18 in  the case of documents delivered for approval in connection with the  organization of stock companies. If the documents and papers so delivered  are approved by the Director, the Director shall, thereupon, place on file  in his office all of such documents except one of the duplicate originals  of the declaration, and shall endorse upon such duplicate original his  approval thereof and the month, day and year of such approval, and deliver  it to the attorney-in-fact. Upon the date of approval of said declaration  by the Director, the domestic Lloyds shall be deemed to be in existence.    (Source: Laws 1959, p. 627.)
215 ILCS 5/95
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 707)(Section scheduled to be repealed on January 1, 2027)Sec. 95.     Authority  to solicit underwriters.     Upon the approval of the declaration by the Director, he shall issue to  the attorney-in-fact a permit which shall expire at the end of one year  from its date, authorizing the attorney-in-fact to solicit deposits of  underwriters in accordance with this Code and in accordance with the power  of attorney filed with the Director, and to do such other acts as may be  necessary or proper in order to complete the organization of such Lloyds  and to entitle it to receive a certificate of authority to transact an  insurance business.    (Source: Laws 1937, p. 696.)
215 ILCS 5/96
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 708)(Section scheduled to be repealed on January 1, 2027)Sec. 96.     Issuance of  certificate of authority.     When the Director has been notified that the underwriters have deposited  a sum not less than the minimum admitted assets required by Section 99,  he shall conduct an examination of such Lloyds. If he finds that the  organization has been completed and that all other requirements of this  Code have been met, he shall issue to such Lloyds a certificate of  authority to transact the kind or kinds of business specified in the  declaration.    (Source: Laws 1937, p. 696.)
215 ILCS 5/97
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 709)(Section scheduled to be repealed on January 1, 2027)Sec. 97.     Deposit  required of underwriters.     Each underwriter of a domestic Lloyds shall make and maintain a deposit  of cash or securities, or both, in trust with a responsible bank or trust  company in this State to indemnify policyholders against loss. Securities  so deposited shall be of a character conformable to the requirements of  Article VIII applicable to companies transacting the same kind or kinds  of business. The attorney-in-fact shall file with the Director an  authenticated copy of each trust agreement under which any such deposit is  made. All such deposits shall be considered as admitted assets of such  Lloyds. No change or withdrawal of cash or securities deposited in trust  shall be made without the approval of the Director.    (Source: Laws 1959, p. 1431.)
215 ILCS 5/98
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 710)(Section scheduled to be repealed on January 1, 2027)Sec. 98.     Verified statement.     Whenever the Director shall so require, the  attorney-in-fact of a domestic Lloyds shall file with the Director a verified  statement setting forth(a) the names and addresses of all underwriters; and(b) a description of the cash and securities     deposited in trust by each underwriter.   (Source: P.A. 90-794, eff. 8-14-98.)
215 ILCS 5/99
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 711)(Section scheduled to be repealed on January 1, 2027)Sec. 99.     Minimum  admitted assets required of domestic Lloyds.     Each domestic Lloyds shall at all times keep and maintain in this State  admitted assets, including the deposits of underwriters required by section  97, exceeding all outstanding claims and other liabilities plus the  unearned premiums (less reinsurance premiums) on the policies in force, by  not less than $900,000 if such Lloyds is writing all or any kinds of  insurance enumerated in Class 2 of section 4, by not less than $600,000  if such Lloyds is writing all or any kinds of insurance enumerated in Class  3 of section 4 and by not less than $1,500,000 if such Lloyds is writing  the kinds of insurance enumerated in both Class 2 and Class 3 of section 4,  provided however, that any such Lloyds organized prior to the effective  date of this amendatory Act of 1965 shall have and at all times maintain  admitted assets in excess of all liabilities in the amount which was  required for that particular Lloyds at the time it was issued a certificate  of authority.    (Source: Laws 1965, p. 971.)
215 ILCS 5/100
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 712)(Section scheduled to be repealed on January 1, 2027)Sec. 100.     Minimum  available assets required of domestic Lloyds.     The aggregate of the amounts on deposit of all underwriters and all  other admitted assets of each domestic Lloyds available for the payment of  losses shall at all times be at least five times the amount to be assumed  by such Lloyds, net not including reinsurance in licensed insurers, upon a  single risk cumulative for each kind of insurance.    (Source: Laws 1937, p. 696.)
215 ILCS 5/101
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 713)(Section scheduled to be repealed on January 1, 2027)Sec. 101.     Restrictions upon domestic Lloyds.(1) A domestic Lloyds shall not(a) change its name or title without first obtaining     the written approval of the Director; nor(b) establish branches under other or different names     or titles; nor(c) amend or change its declaration or power of     attorney without the approval of the Director and any amendment thereto or change therein shall be set forth in an amended verified declaration or power of attorney filed with the Director.(2) A domestic Lloyds shall(a) maintain the assets required by this Article     either in cash or in investments permitted by this Code;(b) maintain in this State the principal office of     its attorney-in-fact for the transaction of business therein, and shall notify the Director of any change in the location of the principal office of its attorney-in-fact;(c) notify the Director of any change in     underwriters; and(d) notify the Director of any change of     attorney-in-fact by filing with the Director an instrument signed by the underwriters of such Lloyds revoking the previous appointment of any attorney-in-fact and designating and appointing a substitute attorney-in-fact.(3) All notices required by subsections (1) and (2) except the notice  prescribed by clause (d) of subsection (2) shall be in writing and shall be  verified by the attorney-in-fact if an individual or by an officer of the  attorney-in-fact if a corporation.(4) Additional underwriters may join and be included in any such Lloyds,  subject to such conditions and requirements as may from time to time be  imposed by such Lloyds and upon meeting the requirements in this Article  with regard to underwriters. Such additional underwriters who may so join  such Lloyds shall be bound by the documents on file with the Director in  the same manner as though they had personally executed the same and shall  have the same rights, powers and duties as all other underwriters of such  Lloyds. The attorney-in-fact authorized by the underwriters to act for them  shall thereafter also be the attorney-in-fact for such additional  underwriters.    (Source: Laws 1937, p. 696.)
215 ILCS 5/102
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 714)(Section scheduled to be repealed on January 1, 2027)Sec. 102.     Restrictions upon foreign Lloyds.(1) Each foreign Lloyds authorized to transact business in this State  shall(a) maintain cash and securities, including the     deposits of its underwriters, of a character conformable to the requirements of Article VIII of this Code for domestic companies, at least equal at all times to the minimum admitted assets required by this Article for a domestic Lloyds doing the same kind or kinds of business.(b) file with the Director an authenticated copy of     its power of attorney and an authenticated copy of the trust agreement or other agreement under which deposits made by underwriters are held;(c) notify the Director forthwith of any amendment to     its power of attorney, deposit agreement or other documents underlying its organization, by filing with the Director an authenticated copy of such document as amended;(d) notify the Director forthwith of any change in     its name or change of attorney-in-fact or change of address of its attorney-in-fact.(2) A foreign Lloyds shall not establish branches under other or  different names or titles.(3) There shall be filed with the Director by the  attorney-in-fact of such foreign Lloyds at the time of filing the annual  statement, or more  often if required by the Director, a statement verified by the appropriate  official of such Lloyds, setting forth(a) the names and addresses of all underwriters of     such Lloyds; and(b) a description of the cash and securities     deposited in trust by each underwriter.   (Source: P.A. 90-794, eff. 8-14-98.)
215 ILCS 5/103
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 715)(Section scheduled to be repealed on January 1, 2027)Sec. 103.     Alien  Lloyds.(1) Each alien Lloyds authorized to transact business in this State  shall(a) maintain in this State or any other state of the     United States in which they are authorized to transact business, cash or securities of a character conformable to the requirements of Article VIII of this Code for domestic companies at least equal at all times to the minimum of admitted assets required by this Article for a domestic Lloyds doing the same kind or kinds of business;(b) make deposits of underwriters in this State in     accordance with the requirements imposed upon domestic Lloyds;(c) file with the Director an authenticated copy of     its power of attorney and an authenticated copy of the trust agreement or other agreement under which deposits made by underwriters in this State are held;(d) notify the Director forthwith of any amendment to     its power of attorney, deposit agreement or other documents by filing with the Director an authenticated copy of such document as amended; and(e) notify the Director forthwith of any change in     its name or change of attorney-in-fact or change of address of its attorney-in-fact.(2) An alien Lloyds shall not establish branches under other or  different names or titles.(3) There shall be filed with the Director by the  attorney-in-fact for such Lloyds, who or which shall be a resident person or  corporation of this  State, at the time of filing the annual statement, or more often if  required by the Director, a verified statement setting forth(a) the names and addresses of all underwriters of     such Lloyds; and(b) a description of the cash and securities     deposited in trust by each underwriter.(4) Additional underwriters may join and be included in any such  Lloyds subject to such conditions and requirements as may from time to time be  imposed by such Lloyds and upon meeting the requirements of this Section,  such additional underwriters who may so join such Lloyds shall be bound by  the documents on file with the Director in the same manner as though they  had personally executed the same and shall have the same rights, powers and  duties as all other underwriters of such Lloyds. The attorney-in-fact  authorized by the underwriters to act for them shall thereafter be the  attorney-in-fact for such additional underwriters to the extent of the  power of attorney or other document or authorization by such underwriters  to the attorney-in-fact.    (Source: P.A. 90-794, eff. 8-14-98.)
215 ILCS 5/104
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 716)(Section scheduled to be repealed on January 1, 2027)Sec. 104.     Policy  forms.     Every policy issued in this State by any domestic, foreign or alien  Lloyds shall have printed upon its face and back the name of such Lloyds,  the name and address of its attorney-in-fact in this State or agent for  service of process in this State, and in type not smaller than ten point  the words "Not Incorporated."    (Source: Laws 1937, p. 696.)
215 ILCS 5/105
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 717)(Section scheduled to be repealed on January 1, 2027)Sec. 105.     Director as agent;  service of process.(1) The attorney-in-fact of every Lloyds transacting business in this  State shall file with the Director a duly executed instrument whereby such  Lloyds shall appoint and constitute the Director, his successor or  successors in office, the true and lawful agent of such Lloyds upon whom  all lawful process in any action or legal proceeding against such Lloyds  may be served, and shall agree that any lawful process against such Lloyds  which may be served upon said agent shall be of the same force and validity  as if served upon the attorney-in-fact, and that the authority thereof  shall continue in force irrevocably so long as any liability of such Lloyds  in this State shall remain outstanding.(2) In any suit instituted against any domestic, foreign or alien Lloyds  transacting business in this State, it shall not be necessary to name the  underwriters as parties defendant, but such Lloyds may be named  as the party defendant in any such suit and service may be had upon all the  underwriters by service upon the last appointed attorney-in-fact or by  service upon the Director, and not otherwise. Any such suit may be brought  in the county in which the cause of action arises or in which the claimant  resides. When such process is served upon the Director as agent to accept  service, duplicate copies of such process shall be delivered to him and he  shall immediately forward one copy of each such process to the last  appointed attorney-in-fact by certified or registered mail, postage  prepaid, giving the  day and hour of such service.    (Source: P.A. 88-535.)
215 ILCS 5/106
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

 (from Ch. 73, par. 718)(Section scheduled to be repealed on January 1, 2027)Sec. 106.     Penalties.         It shall be unlawful for any person to act as an underwriter of or  attorney-in-fact for a Lloyds except in accordance with the provisions of  this Article, and any person violating any of the provisions of this  section shall be guilty of a business offense and shall be required to pay  a penalty of not more than one thousand dollars, for each offense, to be  recovered in the name of the People of the State of Illinois by the State's  Attorney of the county in which the violation occurs, and the penalty so  recovered shall be paid into the county treasury.    (Source: P.A. 77-2699.)
215 ILCS 5/107
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V - Lloyds

(215 ILCS 5/107) (from Ch. 73, par. 719)(Section scheduled to be repealed on January 1, 2027)Sec. 107.     Application of other Code provisions.         Unless otherwise provided in this Article, every Lloyds shall be subject  to other applicable provisions of this Code.    (Source: Laws 1937, p. 696.)
215 ILCS 5/Art. V.75 heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V 3/4 - Group Workers' Compensation; Pools; Pooling; Insolvency Fund

 Article V 3/4      Group Workers' Compensation Pools; pooling; insolvency fund.
215 ILCS 5/107a.01
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V 3/4 - Group Workers' Compensation; Pools; Pooling; Insolvency Fund

Sec. 107a.01.     Short title.     This Article may be cited as the Workers'  Compensation Pool  Law.    (Source: P.A. 91-757, eff. 1-1-01.)
215 ILCS 5/107a.02
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V 3/4 - Group Workers' Compensation; Pools; Pooling; Insolvency Fund

Sec. 107a.02.     Scope.     This Article applies to all qualified group workers'  compensation  pools.    (Source: P.A. 91-757, eff. 1-1-01.)
215 ILCS 5/107a.03
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V 3/4 - Group Workers' Compensation; Pools; Pooling; Insolvency Fund

Sec. 107a.03.     Purpose.     The purpose of this Article is to permit 2 or more  employers with  homogeneous risk characteristics or that are members of a bona fide  professional, commercial,  industrial, or trade association, with homogenous risk characteristics to pool  their workers'  compensation and employer's liability exposures under this Article.The State of Illinois, a unit of local government or school district, or  association or instrumentality thereof, or an intergovernmental risk management  association, self-insurance pool or self-administered health and accident  cooperative or pool shall not be deemed an "employer" or "pool" for the purpose  of this  Article.    (Source: P.A. 91-757, eff. 1-1-01.)
215 ILCS 5/107a.04
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V 3/4 - Group Workers' Compensation; Pools; Pooling; Insolvency Fund

Sec. 107a.04.     Organization under the Illinois Insurance Code.(a) After December 31, 2000, group workers' compensation pools shall for the  purpose of  this Article, and this Article only, be considered as though they were  assessable domestic mutual  insurance companies and subject to the following:(1) Article XII 1/2, Article XIII, Article XIII 1/2,     Article XXIV; and(2) Sections 126.2, 126.4, 126.7, 132, 132.1 through     132.7, 133, 134, 137, 139, 140, 141.1, 141.2, 142, 143, 143c, 147, 148, 149, 154.5, 154.6, 154.7, 154.8, 155.01, 155.04, 173.1, 173.2, 173.3, 173.4, 173.5, 174, 174.1, 175, 176, 178, 179b, 378, 379.1, 408, 408.3, 449, 456, 457, and 458, subsections A, B, C, and E of Section 126.5, subsection A of Section 126.6, and subsections (1) and (7) of Section 412 of this Code.(b) If there is a conflict between any Section of this Article and any  other Section of this  Code, then the provisions of this Article shall apply.(c) No other provision of this Code shall be applicable to any qualified  workers'  compensation group workers' compensation pool except as provided in this  Article.(d) A certificate of authority that is in effect on the effective date of  this amendatory Act of the 91st General Assembly and that was issued pursuant  to Section 4a of the Workers' Compensation Act or Section 4a of the Workers'  Occupational Diseases Act to a group self-insurer  shall remain in effect under this Article.  Such group self-insurer  shall then be deemed to be a qualified group workers' compensation pool and  shall be  subject to this Article.    (Source: P.A. 91-757, eff. 1-1-01.)
215 ILCS 5/107a.05
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article V 3/4 - Group Workers' Compensation; Pools; Pooling; Insolvency Fund

Sec. 107a.05.     Definitions and interchangeable terms.(a) Unless otherwise provided, the following definitions shall apply:"Authorized insurer" means an insurer licensed in this State to  transact business as described  in  Clauses (c) and (d) of Class 2 of Section 4 of this Code."Calendar Quarter" means the 3-month periods ending March 31, June 30,  September 30,  and December 31."Director" means the Director of Insurance."Engaged actively in the business" means a bona fide business concern having  conducted  commerce, trade, or industry in this State for a specified period of time. Any  and all records relating  to this requirement shall be open to inspection by the Director or his designee  during normal  business hours."Gross annual payroll" means payroll for the preceding fiscal year."Independent actuarial opinion" means an opinion expressed by a member of the  American  Academy of Actuaries or Casualty Actuarial Society."Independent CPA" means an independent certified public accountant or  independent  certified public accounting firm in good standing and licensed to practice by  the Department of  Professional  Regulation."Pool" means a qualified group workers' compensation  pool as authorized by  this Article."Qualified group workers' compensation pool" means a group workers'  compensation pool  that has received a certificate of authority pursuant to this Article.(b) For purposes of incorporating the provisions of this Code designated in  paragraphs (1)  and (2) of subsection (a) of Section 107a.04 into this Article, the following  terms shall be  interchangeable:"Contribution" shall be considered premium."Pooling agreement" shall be considered a policy of insurance."Trustees of a group workers' compensation pool" shall be considered as  though they were  directors of a domestic mutual insurance company.    (Source: P.A. 91-757, eff. 1-1-01.)