Declaration of domestic Lloyds
215 ILCS 5/91
in effect(215 ILCS 5/91) (from Ch. 73, par. 703) (Section scheduled to be repealed on January 1, 2037) Sec. 91. Declaration of domestic Lloyds. The attorney-in-fact for underwriters who desire to form a domestic Lloyds under this Article shall sign and acknowledge before an officer authorized to take acknowledgments, a declaration in duplicate. When the attorney-in-fact is a corporation the declaration shall be acknowledged by an officer of such corporation. The declaration shall set forth (a) the name of the attorney-in-fact, and the name or designation under which contracts are to be effected; (b) the location of the office of the attorney-in-fact; (c) the names and addresses, including streets and numbers, if any, of the underwriters; (d) the class or classes of insurance which such Lloyds proposes to transact and the kinds of insurance in each class which it proposes to write; (e) such other provisions not inconsistent with law which may be deemed by the attorney-in-fact or the underwriters to be necessary or advisable. (Source: P.A. 88-535.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026