(215 ILCS 205/15)

Sec. 15. Regulatory notice of intent. Authorized insurers must:

(1) notify the Department of plans to sell primary residential flood insurance products in accordance with the State's rate filing laws at least 30 days before writing primary residential flood insurance in this State; and

(2) obtain the approval of the Director of Insurance for a plan of operation or material revisions to such plan, including plans to sell primary residential flood insurance.

(Source: P.A. 102-720, eff. 1-1-23.)