Illinois Administrative Code
Title 50 - INSURANCE
Part 653 - PRE-ACQUISITION NOTIFICATION
Section 653.20 - Pre-acquisition Notification - Form of Statement Filing

Universal Citation: 50 IL Admin Code ยง 653.20

Current through Register Vol. 48, No. 12, March 22, 2024

a) Any person required to file a statement pursuant to Section 131.12 a of the Illinois Insurance Code shall furnish the required information in the format, and as specified in Form CX which is Illustration A of this Part.

b) Two copies of this notification shall be filed with the Director at least 30 days prior to the proposed effective date of the acquisition.

c) The Director shall request, on a one time basis after receipt of the Form CX and before the expiration of 30 days, copies of any change of control statements or merger statements or consolidation statements filed in any other jurisdiction. Said statements shall be added to the Form CX as Exhibits.

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