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Illinois Statutes Chapter 215. Insurance § 5/15. Documents to be delivered to Director by incorporators

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 15. Documents to be delivered to Director by incorporators. Upon the execution of the articles of incorporation, there shall be delivered to the Director:

(a) duplicate originals of the articles of incorporation;

(b) a copy of the by-laws adopted by the incorporators;

(c) the form of subscription agreement to be used by the company;

(d) 2 organization bonds or the cash or securities provided for in Section 16; and

(e) the form of escrow agreement for the deposit of cash or securities.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 215. Insurance § 5/15. Documents to be delivered to Director by incorporators - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-215-insurance/il-st-sect-215-5-15/

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