Illinois Compiled Statutes 215 ILCS 159/90 – Insurance Code Provisions
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Terms Used In Illinois Compiled Statutes 215 ILCS 159/90
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
Insurance producers operating as viatical settlement brokers shall be subject to Article XXXI of the Illinois Insurance Code.