50 Ill. Adm. Code 2603.10
Authority
Section 2603
Section 2603.10 Authority
This Part is promulgated by the
Director of Insurance pursuant to Section 401 of the Illinois Insurance Code (Code),
which empowers the Director
"to make reasonable rules and regulations
as may be necessary for making effective"
the insurance laws of this
State. This Part implements Sections 236, 355, 355a, 364, 367 and 424(1) of
the Code. Failure to adhere to the standards in this Part shall subject the
offender, in addition to any other penalties provided by law, to proceedings
under Article XXVI of the Code.