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90_HB1690 215 ILCS 155/20 from Ch. 73, par. 1420 Amends the Title Insurance Act. Provides that in making decisions, the Director of Financial Institutions may, rather than shall, rely upon federal regulations and opinion letters. LRB9005035JScc LRB9005035JScc 1 AN ACT to amend the Title Insurance Act by changing 2 Section 20. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Title Insurance Act is amended by 6 changing Section 20 as follows: 7 (215 ILCS 155/20) (from Ch. 73, par. 1420) 8 Sec. 20. The Director mayshallrely upon federal 9 regulations and opinion letters and may adopt rules and 10 regulations as needed to implement and interpret the 11 provisions of this Act. 12 (Source: P.A. 86-239.)