215 ILCS 5/62

Current through Public Act 103-1052
Section 215 ILCS 5/62 - [Section Scheduled to be Repealed 1/1/2027] Authority to exchange contracts

Individuals, partnerships and corporations of this State are hereby authorized to exchange reciprocal or inter-insurance contracts with each other or with individuals, partnerships and corporations of other states and countries, in accordance with the provisions of this Code and not otherwise. All insurance contracts so exchanged shall be executed by an attorney-in-fact duly authorized and acting for the subscribers.

215 ILCS 5/62

Laws 1937, p. 696.