Illinois Administrative Code
Title 50 - INSURANCE
Part 913 - SECURITIES REGULATION
Section 913.30 - Definitions

Universal Citation: 50 IL Admin Code ยง 913.30
Current through Register Vol. 48, No. 12, March 22, 2024

"Code" means the Illinois Insurance Code [215 ILCS 5 ].

"Department" means the Illinois Department of Insurance.

"Director" means the Director of the Illinois Department of Insurance.

"Shares" means securities issued by and representing an interest in any insurance company. However, "shares" shall not include rights to shares (as distinguished from the shares proper) under stock option plans that have been approved by the Director.

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