50 Ill. Adm. Code 915.30

Definitions

Last amended: 2022Year: 2026Length: 100 wordsOfficial source
Section 915 Section 915.30  Definitions "Code" means the Illinois Insurance Code [215 ILCS 5]. "Department" means the Illinois Department of Insurance. "Director" means the Director of the Illinois Department of Insurance. "Domestic, foreign or alien company" means the same as defined in Section 2 of the Code. "Executive officer" means any person charged with active management and control in an executive capacity (including a president, vice president, treasurer, secretary, controller, chief actuary, general counsel, director, trustee, and any other person performing functions corresponding to those performed by these officers) of a company, whether incorporated or unincorporated. "Person" means natural person.