Illinois Administrative Code
Title 50 - INSURANCE
Part 925 - ANNUAL FINANCIAL REPORTING
Section 925.150 - Conduct of Insurer in Connection with the Preparation of Required Reports and Documents
Current through Register Vol. 48, No. 12, March 22, 2024
a) No director or officer of an insurer shall, directly or indirectly:
b) No officer or director of an insurer, or any other person acting under the direction of that person, shall directly or indirectly take any action to coerce, manipulate, mislead or fraudulently influence any accountant engaged in the performance of an audit pursuant to this Part if that person knew or should have known that the action, if successful, could result in rendering the insurer's financial statements materially misleading.
c) For purposes of subsection (b) of this Section, actions that, "if successful, could result in rendering the insurer's financial statements materially misleading" include, but are not limited to, actions taken at any time with respect to the professional engagement period to coerce, manipulate, mislead or fraudulently influence an accountant: