Ill. Admin. Code tit. 50, § 2410.80
Administrative Dissolution
AUTHORITY: Implementing PA 92-0075, effective July 12, 2001; which amends Sections 26, 53, 74, 278, 327 and 341 of the Insurance Code [215 ILCS 5/26, 53, 74, 278, 327 and 341]; Section 2-6 of the Health Maintenance Organization Act [215 ILCS 125/2-6]; Section 2006 of the Limited Health Service Organization Act [215 ILCS 130/2006]; and authorized by Section 401 of the Illinois Insurance Code [215 ILCS 5/401].DEPARTMENT OF INSURANCE
Upon receipt of the documents identified in Section 2410.70(a) of this Part, the Director may cause an insurance entity to be administratively dissolved, except in the case of an HMO or LHSO.