§ 215 ILCS 5/180 Companies that may domesticate
§ 215 ILCS 5/181 Articles of reorganization
§ 215 ILCS 5/182 Execution of articles
§ 215 ILCS 5/183 Certificate of Reorganization – Date Reorganization Effected
§ 215 ILCS 5/184 Recording Articles of Reorganization
§ 215 ILCS 5/185 Board of directors, trustees, etc. to continue
§ 215 ILCS 5/185.1 Effect of Reorganization
§ 215 ILCS 5/185.2 Conversion to Foreign Insurer

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Illinois Compiled Statutes > 215 ILCS 5 > Article XII - Domestication Of Foreign And Alien Companies

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • reorganize: means reorganize, reincorporate, or domesticate as an Illinois insurer; "reorganization" means reorganization, reincorporation, or domestication as an Illinois insurer; "reorganized company" means any company that has availed itself of the provisions of this Article, and the reorganization of which has been effected as in this Article provided; and "similar domestic company" means, in the case of an application for reorganization as a domestic captive insurance company, a domestic captive insurance company organized under Article VIIC. See Illinois Compiled Statutes 215 ILCS 5/180
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
  • sworn: shall be construed to include the word "affirmed. See Illinois Compiled Statutes 5 ILCS 70/1.12