Illinois Compiled Statutes
215 ILCS 5/500-95 (2026)
Reporting of actions
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(215 ILCS 5/500-95)
(Section scheduled to be repealed on January 1, 2027)
Sec. 500-95.
Reporting of actions.
An individual who, while licensed as an
insurance producer,
is convicted of a felony, must report the conviction to the Director within 30
days after the entry
date of the judgment. Within that 30-day period, the individual must also
provide the Director
with a copy of the judgment, the probation or commitment order, and any other
relevant
documents.
(Source: P.A. 92-386, eff. 1-1-02.)
Notes of Decisions
Cited in 1
case, 2012–2012 · leading case: Lamm v. McRaith, 2012 IL App (1st) 112123, 979 N.E.2d 911.
Lamm v. McRaith, 2012 IL App (1st) 112123, 979 N.E.2d 911. “On January 16, 2008, pursuant to section 500-95 of the Illinois Insurance Code (Code) (215 ILCS 5/500-95 (West 2006)), plaintiff’s attorney sent a letter to the Director, notifying him of plaintiff’s conviction.”
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