50 Ill. Adm. Code 3301.10
Authority
Section 3301
Section 3301.10 Authority
This Rule is promulgated by the
Director of Insurance pursuant to Section 401 of the Illinois Insurance Code
(Ill. Rev. Stat. 1981 ch. 73, para. 1013), which empowers the Director of
Insurance
"...to make reasonable rules and regulations as may be
necessary for making effective..."
the insurance and related laws of
this State. The purpose of this Rule is to implement Section 525.1 of the
Illinois Insurance Code as amended by P.A. 81-1426, eff. Sept. 3, 1980, (Ill.
Rev. Stat. 1981, ch. 73, pars. 1065.72-1).