reglab/housing_qa huggingface dataset:
215 ILCS 5/245.25
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XIV 1/2 - Separate Accounts

 (from Ch. 73, par. 857.25)Sec. 245.25.         Except for subparagraphs (1)(a), (1)(f), (1)(g) and (3) of  Section  226 of the Illinois Insurance Code, in the case of a variable annuity  contract and subparagraphs (1)(b), (1)(f), (1)(g), (1)(h), (1)(i), and  (1)(k) of Section 224, subparagraph (1)(c) of Section 225, and  subparagraph (h) of Section 231 in the case of a variable life insurance  policy, except for Sections 357.4, 357.5, 367e, and 367e.1 in the  case of a variable  health insurance policy, and except as otherwise provided in this Article,  all pertinent  provisions of the Illinois Insurance Code which are appropriate to those  contracts apply to separate accounts and  contracts relating thereto. Any individual variable life insurance  contract, delivered or issued for delivery in this State, must contain  grace, reinstatement and non-forfeiture provisions appropriate to such a  contract. Any individual variable annuity contract, delivered or issued for  delivery in this State, must contain grace and reinstatement provisions  appropriate to such a contract. Any group variable life insurance contract,  delivered or issued for delivery in this State, must contain a grace  provision appropriate to such a contract. A group variable health insurance  contract delivered or issued for delivery in this State must contain a  continuation of group coverage provision appropriate to the contract.  The  reserve liability for  variable contracts must be established in accordance with actuarial  procedures that recognize the variable nature of the benefits provided and  any mortality guarantees.    (Source: P.A. 93-477, eff. 1-1-04.)
215 ILCS 5/245.60
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XIV 1/2 - Separate Accounts

 (from Ch. 73, par. 857.60)Sec. 245.60.         Whenever the Director finds that there has been a violation of  this Article or of any rules or regulations issued pertaining thereto, and  after written notice thereof and hearing given to the company or other  person authorized or licensed by the Director, he shall set forth his  findings, together with an order for compliance by a specific date. Such  order shall be binding on the company and other persons authorized or  licensed by the Director on the date specified unless sooner withdrawn by  the Director or a stay thereof has been ordered by a court of competent  jurisdiction.    (Source: Laws 1963, p. 1137.)
215 ILCS 5/245.61
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XIV 1/2 - Separate Accounts

 (from Ch. 73, par. 857.61)Sec. 245.61.     (Repealed).     (Source: Laws 1963, p. 1137.  Repealed by P.A. 90-381, eff. 8-14-97.)
215 ILCS 5/245.62
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XIV 1/2 - Separate Accounts

(215 ILCS 5/245.62) (from Ch. 73, par. 857.62)Sec. 245.62.     (Repealed).     (Source: P.A. 77-1572.  Repealed by P.A. 90-381, eff. 8-14-97.)
215 ILCS 5/Art. XV heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

 ARTICLE XV.      REGISTRATION OF POLICIES AND DEPOSIT OF RESERVES
215 ILCS 5/246
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

 (from Ch. 73, par. 858)Sec. 246.         Scope of  article.This article shall apply to companies that issued the policies or  annuity bonds, and to the policies or annuity bonds, referred to in an Act  entitled: "An Act to provide for the deposit of reserve and the  registration of policies and annuity bonds by life insurance companies of  this State," approved April 18, 1899. Such policies or annuity bonds are  referred to in this article as "policies."    (Source: Laws 1937, p. 696.)
215 ILCS 5/247
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

 (from Ch. 73, par. 859)Sec. 247.         Deposit of  reserves on registered policies.Any company heretofore making deposits and registering policies pursuant  to the act mentioned in section 246 shall keep and maintain such deposit  with the Director in securities which are authorized for investment by life  insurance companies under this Code. Certificates of purchase acquired by  any company through foreclosure proceedings instituted by it upon mortgages  in which its funds have been lawfully invested, and duly recorded  conveyances of unencumbered improved real estate lawfully acquired by any  company, accompanied by satisfactory evidence of ownership thereof shall  likewise be eligible for deposit. The Director shall hold the title to such  real estate so conveyed to him in trust until other satisfactory securities  in lieu thereof have been deposited with him whereupon he shall reconvey  the same to such company. The Director may cause such real estate to be  valued and the company shall pay the reasonable expenses incurred in such  valuation.    (Source: Laws 1937, p. 696.)
215 ILCS 5/248
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

 (from Ch. 73, par. 860)Sec. 248.     Registration of new policies prohibited.After the effective date of this Code the Director shall not register  any new policies that are issued by any company, nor accept any deposits  covering reserves on business thereafter written.    (Source: Laws 1937, p. 696.)
215 ILCS 5/249
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

 (from Ch. 73, par. 861)Sec. 249.     Valuation of registered policies.The Director shall keep such a record of the policies that have been  issued pursuant to the act mentioned in section 246 as to enable him to  compute their value at any time. Upon written proof attested by the  president or vice-president and secretary of the company which shall have  issued such policies that any of them have been commuted or terminated, the  Director shall indicate such commutation or cancellation upon such record.  The reserve value of all policies, according to the standard prescribed in  this Code for the valuation of policies of life insurance companies, when  the first premium shall have been paid thereon, less the amount of any  liens, (as set forth in a statement showing kind, nature and amount,  attested by the president or vice-president and secretary of the company  issuing the policies against which such liens exist) not exceeding such  value as the company may have against such policies shall be entered in the  record aforesaid at the time such record is made. On the first day of  January of each year, or within sixty days thereafter, the Director shall  cause the registered policies of each company to be carefully revalued, and  the reserve value thereof at the time fixed for such valuation, less any  liens, (as set forth in a statement showing kind, nature and amount,  attested by the president or vice-president and secretary of the company  issuing the policies against which such liens exist) not exceeding such  reserve value as the company may have against such policies shall be  entered upon the record. It shall be the duty of  the Director to cancel mutilated policies issued by said companies prior to  the effective date of this Code, and register in lieu thereof other  policies of like tenor and date.    (Source: P.A. 87-757.)
215 ILCS 5/250
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

 (from Ch. 73, par. 862)Sec. 250.         Additional  deposits.Each company which shall have made the deposit provided for by the act  mentioned in section 246, shall make additional deposits from time to  time in amounts of not less than five thousand dollars of securities which  are authorized investments for life insurance companies under this Code, so  that the market value of the securities deposited shall always be equal to  the reserve value of the policies heretofore registered by said company,  less such liens (not exceeding such net value) as the company may have  against them.    (Source: Laws 1937, p. 696.)
215 ILCS 5/251
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

 (from Ch. 73, par. 863)Sec. 251.         Record of  securities-Deficit-When insolvent.The Director shall keep a record of the securities deposited by each  company and when furnishing the annual certificate of valuation mentioned  in section 249, he shall enter thereon the amount and market value of  such securities deposited by such company. If at any time it shall appear  from such certificate or otherwise that the value of the securities held on  deposit is less than the reserve value of the registered policies  theretofore issued by such company, less such liens (not exceeding such  reserve value) as the company may have against them, and the company shall  fail or neglect to make good such deposit within sixty days, after written  notice by the Director, it shall be deemed to be insolvent and shall be  proceeded against in the manner provided in Article XIII.    (Source: Laws 1937, p. 696.)
215 ILCS 5/252
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

 (from Ch. 73, par. 864)Sec. 252.         May  increase deposit-Withdrawal of securities-Right to income.Any such company may increase its deposits at any time by making  additional deposits of not less than five thousand dollars of securities  which are authorized investments for life companies under this Code. Any  company whose deposits exceed the reserve of all registered policies it has  in force, less such liens (not exceeding such reserve value) as the company  may hold against them, may withdraw such excess, or it may withdraw any of  said securities at any time by depositing in their stead securities of  equal value and authorized under this Code. So long as said company shall  remain solvent and maintain its deposits, as herein provided, it may  collect the interest, coupons, rents, and other income on the securities  deposited as the same may accrue.    (Source: Laws 1937, p. 696.)
215 ILCS 5/253
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XV - Registration Of Policies And Deposit Of Reserves

(215 ILCS 5/253) (from Ch. 73, par. 865)Sec. 253.         Deposits  kept separate.The securities deposited with the Director pursuant to the act mentioned  in section 246, shall be kept in the same manner but separate from other  deposits of the company.    (Source: Laws 1937, p. 696.)
215 ILCS 5/Art. XVII heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 ARTICLE XVII.      FRATERNAL BENEFIT SOCIETIES (Article scheduled to be repealed on January 1, 2027)
215 ILCS 5/282.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 894.1)(Section scheduled to be repealed on January 1, 2027)Sec. 282.1.     Fraternal benefit societies.     Any incorporated society,  order or supreme lodge without capital stock, including one exempted under  the provisions of Section 315.5(a) of this amendatory Act whether incorporated or  not, organized solely for the benefit of its members and their  beneficiaries and not for profit, operated on a lodge system with  ritualistic form of work, having a representative form of government and  providing benefits in accordance with this amendatory Act is hereby declared  to be a fraternal benefit society.    (Source: P.A. 84-303.)
215 ILCS 5/283.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 895.1)(Section scheduled to be repealed on January 1, 2027)Sec. 283.1.     Lodge system.(a) A society is operating on the lodge  system if it has a supreme governing body and subordinate lodges into which  members are elected, initiated or admitted in accordance with its laws,  rules and ritual. Subordinate lodges shall be required by the laws of the  society to hold regular meetings at least once in each month in furtherance  of the purposes of the society.(b) A society may, at its option, organize and operate lodges for  children under the minimum age for adult membership. Membership and  initiation in local lodges shall not be required of such children nor  shall they have a voice or vote in the management of the society.    (Source: P.A. 84-303.)
215 ILCS 5/284.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 896.1)(Section scheduled to be repealed on January 1, 2027)Sec. 284.1.     Representative form of government.     A society has a  representative form of government when:(a) It has a supreme governing body constituted in     one of the following ways:(1) Assembly. The supreme governing body is an         assembly composed of delegates elected directly by the members or at intermediate assemblies of members or their representatives, together with other delegates as may be prescribed in the society's laws. A society may provide for election of delegates by mail. The elected delegates shall constitute a majority in number and shall not have less than 2/3 of the votes and not less than the number of votes required to amend the society's laws. The assembly shall be elected and shall meet at least once every 4 years and shall elect a board of directors to conduct the business of the society between meetings of the assembly. Vacancies on the board of directors between elections may be filled in the manner prescribed by the society's laws; or(2) Direct Election. The supreme governing body         is a board composed of persons elected by the members, either directly or by their representatives in intermediate assemblies, and any other persons prescribed in the society's laws. A society may provide for election of the board by mail. Each term of a board member may be filled in the manner prescribed by the society's laws. However, those persons elected to the board shall constitute a majority in number and not less than the number of votes required to amend the society's laws. A person filling the unexpired term of an elected board member shall be considered to be an elected member. The board shall meet at least quarterly to conduct the business of the society;(b) The officers of the society are elected either by     the supreme governing body or by the board of directors;(c) Only benefit members are eligible for election to     the supreme governing body, the board of directors or any intermediate assembly; and(d) Each voting member has one vote; no vote may be     cast by proxy.   (Source: P.A. 84-303.)
215 ILCS 5/285.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 897.1)(Section scheduled to be repealed on January 1, 2027)Sec. 285.1.     Definitions.     Whenever used in this amendatory Act:(a) "Benefit contract" shall mean the agreement for provision of  benefits authorized by Section 297.1 of this amendatory Act as that agreement is  described in Section 300.1 of this amendatory Act;(b) "Benefit member" shall mean an adult member who is designated by the  laws or rules of the society to be a benefit member under a benefit contract;(c) "Certificate" shall mean the document issued as written evidence of  the benefit contract;(d) "Premiums" shall mean premiums, rates, dues or other required  contributions, by whatever name known, which are payable under the certificate;(e) "Laws" shall mean the society's articles of incorporation,  constitution and bylaws, however designated;(f) "Life insurer" shall mean an insurance company authorized to  transact in this State the insurance business classified as Class 1, Clause  (a) or (b) in Section 4 of this Code;(g) "Rules" shall mean all rules, regulations or resolutions adopted by  the supreme governing body or board of directors which are intended to  have general application to the members of the society;(h) "Society" shall mean fraternal benefit society, unless otherwise indicated; and(i) "Lodge" shall mean subordinate member units of the society, known as  camps, courts, councils, branches or by any other designation.    (Source: P.A. 84-303.)
215 ILCS 5/287.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 899.1)(Section scheduled to be repealed on January 1, 2027)Sec. 287.1.     Qualifications for membership.(a) A society shall specify  in its laws or rules:(1) eligibility standards for each and every class of     membership, provided that if benefits are provided on the lives of children, the minimum age for adult membership shall be set at not less than age 15 and not greater than age 21;(2) the process for admission to membership for each     membership class; and(3) the rights and privileges of each membership     class, provided that only benefit members shall have the right to vote on the management of the insurance affairs of the society.(b) A society may also admit social members who shall have no voice or  vote in the management of the insurance affairs of the society.(c) Membership rights in the society are personal to the member and are  not assignable.    (Source: P.A. 84-303.)
215 ILCS 5/288.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 900.1)(Section scheduled to be repealed on January 1, 2027)Sec. 288.1.     Location of office, meetings, communications to members,  grievance procedures.(a) The principal office and place of business of any  domestic society shall be located in this State. The meetings of its  supreme governing body may be held in any state, district, province or  territory wherein such society has at least one subordinate lodge, or in  such other location as determined by the supreme governing body, and all  business transacted at such meeting shall be as valid in all respects as if  such meetings were held in this State. The minutes of the proceedings of  the supreme governing body and of the board of directors shall be in the English language.(b)(1) A society may provide in its laws for an official publication in  which any notice, report or statement required by law to be given to  members, including notice of election, may be published. Such required  reports, notices and statements shall be printed conspicuously in the  publication. If the records of a society show that 2 or more members have  the same mailing address, an official publication mailed to one member  is deemed to be mailed to all members at the same address unless a member  requests a separate copy.(2) Not later than June 1 of each year, a synopsis of the society's  annual statement providing an explanation of the facts concerning the  condition of the society thereby disclosed shall be printed and mailed to  each benefit member of the society or, in lieu thereof, such synopsis may  be published in the society's official publication.(c) A society may provide in its laws or rules for grievance or complaint  procedures for members.    (Source: P.A. 84-303.)
215 ILCS 5/290.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 902.1)(Section scheduled to be repealed on January 1, 2027)Sec. 290.1.     Waiver.     The laws of the society may provide that no  subordinate body, nor any of its subordinate officers or members, shall have  the power or authority to waive any of the provisions of the laws of the  society. Such provisions shall be binding on the society and every member  and beneficiary of a member.    (Source: P.A. 84-303.)
215 ILCS 5/292.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 904.1)(Section scheduled to be repealed on January 1, 2027)Sec. 292.1.     Amendments to Laws.(a) A domestic society may amend its laws in  accordance with the provisions thereof by action of its supreme governing body  at any regular or special meeting thereof or, if its laws so provide, by  referendum. Such referendum may be held in accordance with the provisions  of its laws by the vote of the voting members of the society, by the vote  of delegates or representatives of voting members or by the vote of local  lodges. A society may provide for voting by mail. No amendment submitted for  adoption by referendum shall be adopted unless, within 6 months from the  date of submission thereof, a majority of the members voting shall have  signified their consent to such amendment by one of the methods herein  specified.(b) No amendment to the laws of any domestic society shall  take effect unless approved by the Director, who shall approve such  amendment if the Director finds that it has been duly adopted and is not  inconsistent with any requirement of the laws of this State or with the  character, objects and purposes of the society. Unless the Director shall  disapprove any such amendment within 60 days after the filing of same,  such amendment shall be considered approved. The approval or disapproval of  the Director shall be in writing and mailed to  the society. In case the  Director disapproves such amendment, the reasons therefor shall be stated  in such written notice.(c) Within 90 days from the approval thereof by the Director, all  such amendments, or a synopsis thereof, shall be furnished to all members  of the society either by mail or by publication in full in the official  publication of the society. The affidavit of any officer of the society or  of anyone authorized by it to mail any amendments or synopsis thereof,  stating facts which show that same have been duly addressed and mailed,  shall be prima facie evidence that such amendments, or a synopsis thereof,  have been furnished the addressee.(d) Every foreign or alien society authorized to do business in this  State shall file with the Director a certified copy of all amendments of, or  additions to, its laws within 90 days after the enactment of same.(e) Printed copies of the laws as amended, certified by the secretary or  corresponding officer of the society, shall be prima facie evidence of the  legal adoption thereof.    (Source: P.A. 84-303.)
215 ILCS 5/293.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XVII - Fraternal Benefit Societies

 (from Ch. 73, par. 905.1)(Section scheduled to be repealed on January 1, 2027)Sec. 293.1.     Institutions.     A society may create, maintain and operate, or  may establish organizations to operate, not for profit institutions to  further the purposes permitted by Section 286.1 of this amendatory Act. Such  institutions may furnish services free or at a reasonable charge. Any real  or personal property owned, held or leased by the society for this purpose  shall be reported in every annual statement. Admitted asset status of such  real or personal property shall be in accordance with Section 302.1 of this  amendatory Act.    (Source: P.A. 84-303.)