{"data":{"id":"us-il/625-ilcs-5-7-502","jurisdiction":"us-il","citation":"625 ILCS 5/7-502","heading":"Self-insurers.","body":"Any person in whose name more than 25 motor vehicles are registered may qualify as a self-insurer by obtaining a certificate of self-insurance issued by the Director of the Department of Insurance as provided in this Section.\nThe Director may, in his discretion, upon the application of such a person, issue a certificate of self-insurance when he is satisfied that such person is possessed and will continue to be possessed of ability to pay judgment obtained against such person.\nUpon not less than 5 days' notice, and a hearing pursuant to such notice, the Director may upon reasonable grounds cancel a certificate of self-insurance. Failure to pay any judgment against any person covered by such certificate of self-insurance and arising out of any crash in which a motor vehicle covered by such certificate of self-insurance has been involved within 30 days after such judgment shall have become final shall constitute a reasonable ground for the cancellation of a certificate of self-insurance.","path":["CHAPTER 625 VEHICLES","Illinois Vehicle Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1815\u0026ChapterID=49\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:40Z","sha256":"db9782b5a25d1a87ed7ee082c29b52c469635fd8ffca4ebb63f11b0aa3b509e8","source_id":"us-il","stale":false,"prev":"us-il/625-ilcs-5-7-501","next":"us-il/625-ilcs-5-7-503"},"notice":"GroundRules: Original legal text. Not legal advice."}