{"data":{"id":"us-il/215-ilcs-120-7","jurisdiction":"us-il","citation":"215 ILCS 120/7","heading":"Additional Territory.","body":"Any farm mutual insurance company may amend its articles of incorporation to include other adjoining counties, provided that the company's net written premium did not exceed 3 times its policyholders' surplus as reported in its last financial statement. Subject to the approval of the Director of Insurance, any company having $150,000 policyholders' surplus may add one contiguous county to its territory, and may add one additional contiguous county for each additional $50,000 policyholders' surplus thereafter.","path":["CHAPTER 215 INSURANCE","Farm Mutual Insurance Company Act of 1986."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1261\u0026ChapterID=22\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:30Z","sha256":"4f6d9da420d32fb1aa472d49f56d4178ce1ef468c7bf65ec89e2b90b3792e39e","source_id":"us-il","stale":false,"prev":"us-il/215-ilcs-120-6","next":"us-il/215-ilcs-120-8"},"notice":"GroundRules: Original legal text. Not legal advice."}
