reglab/housing_qa huggingface dataset:
215 ILCS 5/1410
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLIV - Financial Institutions Insurance Sales Law

Sec. 1410.     Misleading advertising.     No financial institution or registered  firm may employ any advertisement that would mislead or otherwise cause a  reasonable person to believe mistakenly that the State of Illinois or the  federal government is responsible for the insurance sales activities of the  financial institution or stands behind the financial institution's credit, or  that the financial institution, the State of Illinois, or the federal  government guarantees any returns on insurance products or is a source of  payment of any insurance obligation of or sold by the financial institution.    (Source: P.A. 90-41, eff. 10-1-97.)
215 ILCS 5/1411
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLIV - Financial Institutions Insurance Sales Law

Sec. 1411.     Commissions and compensation.     No financial institution shall  pay, directly or indirectly, any commission, service fee, brokerage, or other  valuable consideration to any person for services as an insurance producer,  temporary insurance producer, or limited insurance representative, or for such  services by the person's members, officers, directors or employees, unless the  person, and any member, officer, director, or employee performing the service,  held a valid license regarding the class of insurance as to which the service  was rendered, or unless the person was a properly registered firm at the time  the service was performed.  No person, other than a person properly licensed  or registered in accordance with Article XXXI of this Code at  the time the person performs services as an insurance producer, temporary  insurance producer, or limited insurance representative, shall accept any  commission, service fee, brokerage, or other valuable consideration for such  services.  This Section shall not prevent payment or receipt of:(1) renewal or other deferred commissions to or by any person entitled  thereto under this Section;(2) fees to or by a financial institution or any other person for services  that do not require licensure as an insurance producer, temporary insurance  producer, limited insurance representative,  or registered firm; or(3) consideration paid to a financial institution by a registered firm,  insurance producer, insurance company, or any other person pursuant to any  lease  agreement.    (Source: P.A. 90-41, eff. 10-1-97.)
215 ILCS 5/1412
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLIV - Financial Institutions Insurance Sales Law

Sec. 1412.     Solicitations to loan applicants.(a) A financial institution that  requires a customer to obtain insurance in connection with a loan or extension  of credit and that offers that insurance either directly or through an  affiliate shall clearly disclose to the customer in writing at the time of  written application or at closing if no written application is obtained  in a form substantially similar to the following:"You may obtain insurance required in connection with     your loan or extension of credit from any insurance agent, broker, or firm that sells such insurance.  Your choice of insurance provider will not affect our credit decision or your credit terms.".(b) This Section shall not apply when a financial institution is contacting  a customer in the course of direct or mass marketing to a group of persons in a  manner that bears no relation to the customer's loan application or credit  decision.    (Source: P.A. 90-41, eff. 10-1-97.)
215 ILCS 5/1413
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLIV - Financial Institutions Insurance Sales Law

Sec. 1413.         Separate physical location and sales force when insurance is  solicited or sold in connection with a loan.(a)  An employee of a financial institution may not solicit or sell  insurance at the same  desk where a loan transaction is conducted when the  insurance is solicited or sold in connection with the same loan.(b) A loan officer of a financial institution  who is involved in the application, solicitation, or closing of a loan  transaction may not solicit or sell insurance in connection with the same loan,  but such loan officer may refer the loan customer to another insurance producer  who is not involved in the application, solicitation, or closing of the same  loan transaction.(c) Subsections (a) and (b) of this Section shall not apply to a financial  institution, other than a credit union, or a branch location of a financial  institution, other than a credit union, that has less than  $100,000,000 in deposits.(d) Subsections (a) and (b) of this Section shall not apply to a credit  union or a branch location of a credit union that has less than $30,000,000 in  deposits.    (Source: P.A. 90-41, eff. 10-1-97.)
215 ILCS 5/1414
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLIV - Financial Institutions Insurance Sales Law

Sec. 1414.     Signage.     Signs concerning the availability of insurance  products offered by the financial institution or by any registered firm shall  be  clearly displayed in the same area where applications for loans or other  extensions of  credit are being taken or closed and shall include the disclosure set forth in  subsection (a) of Section 1412.    (Source: P.A. 90-41, eff. 10-1-97.)
215 ILCS 5/1415
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLIV - Financial Institutions Insurance Sales Law

Sec. 1415.     Confidential customer information.(a) A financial institution that is a registered firm may not release a  customer's insurance information to any person other than an officer, director,  employee, agent, or affiliate of the financial institution without the written  consent of the customer.  For the purposes of this Section, "insurance  information" means information concerning the premiums, terms and conditions  of  insurance coverage, insurance claims, and the insurance history of a customer  contained in the financial institution's records.(b) Subsection (a) of this Section shall not apply to:(1) names, addresses, and telephone numbers derived     in any manner from the financial institution's records, or(2) the release of insurance information as otherwise     authorized by State or federal law.(c) A financial institution shall not require premium information when  requiring evidence of insurance in connection with a loan or extension of  credit and shall not use such premium information for the purpose of soliciting  insurance without the written consent of the customer.(d) A financial institution may not use health information obtained from a  customer's insurance records for any purpose other than for its activities as a  registered firm pursuant to this Code.    (Source: P.A. 90-41, eff. 10-1-97.)
215 ILCS 5/1416
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLIV - Financial Institutions Insurance Sales Law

(215 ILCS 5/1416)Sec. 1416.     Prohibited defenses.     A violation of any provision of this Article shall not be used as a  defense by any person in any action by a financial institution to recover the  amount owing on any loan or extension of credit.    (Source: P.A. 90-41, eff. 10-1-97.)
215 ILCS 5/Art. XLV heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

   ARTICLE XLV. PUBLIC ADJUSTERS (Source: P.A. 96-1332, eff. 1-1-11.)
215 ILCS 5/1501
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1501. Short title. This Article may be cited as the Public Adjusters Law.  (Source: P.A. 96-1332, eff. 1-1-11.)
215 ILCS 5/1505
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1505. Purpose and scope. This Article governs the qualifications and procedures for the licensing of public adjusters. It specifies the duties of and restrictions on public adjusters, which include limiting their licensure to assisting insureds in first party claims.  (Source: P.A. 96-1332, eff. 1-1-11.)
215 ILCS 5/1510
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1510. Definitions. In this Article:"Adjusting a claim for loss or damage covered by an insurance contract" means negotiating values, damages, or depreciation or applying the loss circumstances to insurance policy provisions."Business entity" means a corporation, association, partnership, limited liability company, limited liability partnership, or other legal entity."Department" means the Department of Insurance."Director" means the Director of Insurance."Fingerprints" means an impression of the lines on the finger taken for the purpose of identification. The impression may be electronic or in ink converted to electronic format."Home state" means the District of Columbia and any state or territory of the United States where the public adjuster's principal place of residence or principal place of business is located. If neither the state in which the public adjuster maintains the principal place of residence nor the state in which the public adjuster maintains the principal place of business has a substantially similar law governing public adjusters, the public adjuster may declare another state in which it becomes licensed and acts as a public adjuster to be the home state."Individual" means a natural person."Person" means an individual or a business entity."Public adjuster" means any person who, for compensation or any other thing of value on behalf of the insured:(i) acts or aids, solely in relation to first party     claims arising under insurance contracts that insure the real or personal property of the insured, on behalf of an insured in adjusting a claim for loss or damage covered by an insurance contract;(ii) advertises for employment as a public adjuster     of insurance claims or solicits business or represents himself or herself to the public as a public adjuster of first party insurance claims for losses or damages arising out of policies of insurance that insure real or personal property; or(iii) directly or indirectly solicits business,     investigates or adjusts losses, or advises an insured about first party claims for losses or damages arising out of policies of insurance that insure real or personal property for another person engaged in the business of adjusting losses or damages covered by an insurance policy for the insured."Uniform individual application" means the current version of the National Association of Directors (NAIC) Uniform Individual Application for resident and nonresident individuals."Uniform business entity application" means the current version of the National Association of Insurance Commissioners (NAIC) Uniform Business Entity Application for resident and nonresident business entities."Webinar" means an online educational presentation during which a live and participating instructor and participating viewers, whose attendance is periodically verified throughout the presentation, actively engage in discussion and in the submission and answering of questions. (Source: P.A. 102-135, eff. 7-23-21.)
215 ILCS 5/1515
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1515. License required.(a) A person shall not act, advertise, solicit, or hold himself out as a public adjuster or to be in the business of adjusting insurance claims in this State, nor attempt to obtain a contract for public adjusting services, unless the person is licensed as a public adjuster in accordance with this Article.(b) A person licensed as a public adjuster shall not misrepresent to a claimant that he or she is an adjuster representing an insurer in any capacity, including acting as an employee of the insurer or acting as an independent adjuster unless so appointed by an insurer in writing to act on the insurer's behalf for that specific claim or purpose. A licensed public adjuster is prohibited from charging that specific claimant a fee when appointed by the insurer and the appointment is accepted by the public adjuster.(c) A business entity acting as a public adjuster is required to obtain a public adjuster license. Application shall be made using the Uniform Business Entity Application. Before approving the application, the Director shall find that:(1) the business entity has paid the required  fees     to be registered as a business entity in this State; and(2) all officers, shareholders, and persons with     ownership interests in the business entity are licensed public adjusters responsible for the business entity's compliance with the insurance laws, rules, and regulations of this State.(d) Notwithstanding subsections (a) through (c) of this Section, a license as a public adjuster shall not be required of the following:(1)  an attorney admitted to practice in this State,     when acting in his or her professional capacity as an attorney;(2) a person who negotiates or settles claims arising     under a life or health insurance policy or an annuity contract;(3) a person employed only for the purpose of     obtaining facts surrounding a loss or furnishing technical assistance to a licensed public adjuster, including photographers, estimators, private investigators, engineers, and handwriting experts;(4) a licensed health care provider, or employee of a     licensed health care provider, who prepares or files a health claim form on behalf of a patient; or(5) a person who settles subrogation claims between     insurers. (Source: P.A. 96-1332, eff. 1-1-11.)
215 ILCS 5/1520
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1520. Application for license.(a) A person applying for a public adjuster license shall make application to the Director on the appropriate uniform application or other application prescribed by the Director.(b) The applicant shall declare under penalty of perjury and under penalty of refusal, suspension, or revocation of the license that the statements made in the application are true, correct, and complete to the best of the applicant's knowledge and belief.(c) In order to make a determination of license eligibility, the Director is authorized to require all applicants for licensing, including renewal applicants, to undergo a fingerprint-based criminal history record check for the first year following the effective date of this amendatory Act of the 97th General Assembly.  The fingerprints and the fee required to perform the criminal history record checks shall be submitted to the Illinois State Police and the Federal Bureau of Investigation (FBI) to conduct a State and national criminal history record check. The Illinois State Police and the Federal Bureau of Investigation shall furnish to the Department of Insurance all records of convictions, unless or until expunged, pursuant to the fingerprint-based criminal history records check. The Illinois State Police shall charge a fee for conducting such checks, which fee shall be deposited into the State Police Services Fund and shall not exceed the cost of the inquiry. The applicant shall be required to pay all fees associated with conducting the criminal history record check.(d) The Director may adopt rules to establish procedures necessary to carry out the requirements of subsection (c) of this Section.(e) The Director is authorized to submit electronic fingerprint records and necessary identifying information to the NAIC, its affiliates, or subsidiaries for permanent retention in a centralized repository. The purpose of such a centralized repository is to provide Directors with access to fingerprint records in order to perform criminal history record checks.(f) Until such time as the Director can obtain and receive national criminal history records, the applicant shall obtain a copy of his or her fingerprints and complete criminal history record from the FBI Criminal Justice Information Services Division and the Illinois State Police and provide such information to the Department of Insurance.   (Source: P.A. 102-538, eff. 8-20-21.)
215 ILCS 5/1525
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1525. Resident license.(a) Before issuing a public adjuster license to an applicant under this Section, the Director shall find that the applicant:(1) is eligible to designate this State as his or her     home state or is a nonresident who is not eligible for a license under Section 1540;(2) is sufficiently rehabilitated in cases in which     the applicant has committed any act that is a ground for denial, suspension, or revocation of a license as set forth in Section 1555, other than convictions set forth in paragraph (6) of subsection (a) of Section 1555; with respect to applicants with convictions set forth in paragraph (6) of subsection (a) of Section 1555, the Director shall determine in accordance with Section 1550 that the conviction will not impair the ability of the applicant to engage in the position for which a license is sought;(3) is trustworthy, reliable, competent, and of good     reputation, evidence of which may be determined by the Director;(4) is financially responsible to exercise the     license and has provided proof of financial responsibility as required in Section 1560 of this Article; and(5) maintains an office in the home state of     residence with public access by reasonable appointment or regular business hours. This includes a designated office within a home state of residence.(b) In addition to satisfying the requirements of subsection (a) of this Section, an individual shall:(1) be at least 18 years of age;(2) have successfully passed the public adjuster     examination;(3) designate a licensed individual public adjuster     responsible for the business entity's compliance with the insurance laws, rules, and regulations of this State; and(4) designate only licensed individual public     adjusters to exercise the business entity's license.(c) The Director may require any documents reasonably necessary to verify the information contained in the application.  (Source: P.A. 100-286, eff. 1-1-18.)
215 ILCS  5/1530
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1530. Examination.(a) An individual applying for a public adjuster license under this Article must pass a written examination unless he or she is exempt pursuant to Section 1535 of this Article. The examination shall test the knowledge of the individual concerning the duties and responsibilities of a public adjuster and the insurance laws and regulations of this State. Examinations required by this Section shall be developed and conducted under rules and regulations prescribed by the Director.(b) The Director may make arrangements, including contracting with an outside testing service, for administering examinations and collecting the nonrefundable fee. Each individual applying for an examination shall remit a nonrefundable fee as prescribed by the Director.  An individual who fails to appear for the examination as scheduled or fails to pass the examination shall reapply for an examination and remit all required fees and forms before being rescheduled for another examination. An individual who fails to pass the examination on his or her first attempt must wait 7 days prior to rescheduling an examination. An individual who fails to pass the examination on his or her second or subsequent attempt must wait 30 days prior to rescheduling an examination.  (Source: P.A. 99-266, eff. 1-1-16.)
215 ILCS 5/1535
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1535. Exemptions from examination.(a) An individual who applies for a public adjuster license in this State who was previously licensed as a public adjuster in another state based on a public adjuster examination shall not be required to complete any examination. This exemption is only available if (i) the person is currently licensed in that state or if the application is received within 12 months of the cancellation of the applicant's previous license; and (ii) if the prior state issues a certification that, at the time of cancellation, the applicant was in good standing in that state or the state's producer database records or records maintained by the NAIC, its affiliates, or subsidiaries, indicate that the public adjuster is or was licensed in good standing.(b) A person licensed as a public adjuster in another state based on a public adjuster examination who moves to this State shall submit an application within 90 days of establishing legal residence to become a resident licensee pursuant to Section 1525 of this Article. No prelicensing examination shall be required of that person to obtain a public adjuster license.(c) An individual who applies for a public adjuster license in this State who was previously licensed as a public adjuster in this State shall not be required to complete any prelicensing examination. This exemption is only available if the application is received within 12 months of the cancellation of the applicant's previous license in this State and if, at the time of cancellation, the applicant was in good standing in this State.  (Source: P.A. 96-1332, eff. 1-1-11; 97-207, eff. 7-28-11.)
215 ILCS 5/1540
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XLV - Public Adjusters

Sec. 1540. Nonresident license reciprocity.(a) Unless denied licensure pursuant to Section 1555 of this Article, a nonresident person shall receive a nonresident public adjuster license if:(1) the person is currently licensed as a resident     public adjuster and in good standing in his or her home state;(2) the person has submitted the proper request for     licensure and has provided proof of financial responsibility as required in Section 1560 of this Article;(3) the person has submitted or transmitted to the     Director the appropriate completed application for licensure; and(4) the person's home state awards nonresident public     adjuster licenses to residents of this State on the same basis.(b) The Director may verify the public adjuster's licensing status through the producer database maintained by the NAIC, its affiliates, or subsidiaries.(c) As a condition to continuation of a public adjuster license issued under this Section, the licensee shall maintain a resident public adjuster license in his or her home state. The nonresident public adjuster license issued under this Section shall terminate and be surrendered immediately to the Director if the home state public adjuster license terminates for any reason, unless the public adjuster has been issued a license as a resident public adjuster in his or her new home state. Notification to the state or states where the nonresident license is issued must be made as soon as possible, yet no later than 30 days of change in new state resident license. The licensee shall include his or her new and old address on the notification. A new state resident license is required for nonresident licenses to remain valid. The new state resident license must have reciprocity with the licensing nonresident state or states for the nonresident license not to terminate.  (Source: P.A. 96-1332, eff. 1-1-11; 97-813, eff. 7-13-12.)