Illinois Code § 215 ILCS 5/59

Reinsurance
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(Section scheduled to be repealed on January 1, 2027)

 
Sec. 59. 

Reinsurance
agreements. 

Unless the contract provides otherwise any reinsurance agreement
effected by any company subject to the provisions of this Article upon the
whole or any part of any risk shall be without contingent liability or
participation or membership.

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