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Illinois Compiled Statutes > 215 ILCS 155 - Title Insurance Act

Illinois Compiled Statutes > Regulation > Chapter 215 > 215 ILCS 155 - Title Insurance Act


Current as of: 2010
§ 1This Act may be cited as the Title Insurance Act
§ 2Any corporation which has been or shall be incorporated or qualified...
§ 3As used in this Act, the words and phrases following shall have...
§ 3.1Public policy
§ 4Deposits
§ 4.1Minimum capital and surplus
§ 5Certificate of authority required
§ 6Reinsurance
§ 7Investments
§ 8Retained liability
§ 9Impairment of capital; discontinuance of issuance of new policies;...
§ 10Reserves
§ 11Statutory premium reserve
§ 12Examinations; compliance
§ 13Annual statement
§ 14Fees
§ 14.1Financial Institutions Fund
§ 15Retaliatory provisions; fees
§ 15.1No taxes to be imposed by political subdivisions
§ 16Title insurance agents
§ 16.1Closing or settlement protection
§ 17Independent escrowees
§ 18No referral payments; kickbacks
§ 18.1Choice of title insurance company
§ 19Secretary powers; pricing
§ 20Rules and regulations
§ 21Regulatory action
§ 21.1Receiver and involuntary liquidation
§ 21.2Notice
§ 21.3Record retention. Evidence of the examination of title, if any,...
§ 22Tax indemnity; notice
§ 23Violation; penalties
§ 24Referral fee; penalty
§ 24.5Non-English language transactions
§ 25Actual damages; injunctive relief
§ 26Settlement funds

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