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Terms Used In Illinois Compiled Statutes 815 ILCS 405/10

  • Contract: A legal written agreement that becomes binding when signed.
     Credit life insurance and credit accident and health insurance issued in connection with a retail installment contract or retail charge agreement and any charge therefor made to the buyer, must comply with Article IX 1/2 of the “Illinois Insurance Code,” approved June 29, 1937, as now or hereafter amended, and all lawful requirements of the Director of Insurance related thereto.
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