Illinois Code § 215 ILCS 5/185.2

Conversion to Foreign Insurer.
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Any domestic insurer may,
upon the approval of the Director, transfer its domicile to any other state
in which it is admitted to transact the business of insurance, and upon
such a transfer shall cease to be a domestic insurer. The Director shall
approve any such proposed transfer unless he shall determine such transfer
is not in the interest of the policyholders of this State.

(215 ILCS 5/Art. XII.5 heading)
 
ARTICLE XII 1/2. 
 

CORRECTIVE ORDERS

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