Illinois Compiled Statutes 215 ILCS 110/28 – No subscription certificate shall be issued by any dental service …
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Terms Used In Illinois Compiled Statutes 215 ILCS 110/28
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
No subscription certificate shall be issued by any dental service plan corporation until the form thereof has been filed with and approved by the Director, together with all applications, riders and endorsements for use in connection with the issuance or renewal thereof. It shall be the duty of the Director to withhold approval of any contract form filed with him if it violates any provisions of this Act, or if it violates or is contrary to any provisions of Sections 143, 355 and 355a of the “Illinois Insurance Code”, approved June 29, 1937, as amended, which are not inconsistent or in conflict with provisions of this Act.