Ill. Admin. Code tit. 50, pt. 201

Subordinated Indebtedness

AUTHORITY: Implementing Section 34.1 and authorized by Section 401 of the Illinois Insurance Code [215 ILCS 5/34.1 and 401]. SOURCE: Filed September 27, 1971, effective October 1, 1971; codified at 7 Ill. Reg. 2356; amended at 13 Ill. Reg. 14054, effective September 11, 1989; amended at 23 Ill. Reg. 3782, effective March 10, 1999.DEPARTMENT OF INSURANCE

201.5Statutory Authority 201.10Application and Effective Date 201.20Approval of Debenture Form by Director Prior to Shareholder Approval 201.30Approval by Shareholders 201.40Consideration 201.50Reporting and Accounting of Indebtedness 201.60Repayment of Principal and Payment of Interest