215 ILCS 5/179a: Managing general agent prohibition.
Where this section sits in the code
- CHAPTER 215 INSURANCE
- Illinois Insurance Code.
(a) No managing general agent, as defined in Section 141a, shall receive any compensation or remuneration for, or in any manner profit from, obtaining or arranging reinsurance for a domestic company with respect to business underwritten by that managing general agent.
(b) Any person violating the provisions of this Section is guilty of a Class A misdemeanor.
Collected 2026-09-15T04:46:30Z. Source file · JSON