ILCS » Chapter 215 · Act 5
Illinois Compiled Statutes

215 ILCS 5/537.1 (2026)

The Fund may provide for an equal annual fee of all member companies on a non-pro rata basis to provide for contingent expenses of the Fund

✓ current as of May 2026
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(215 ILCS 5/537.1) (from Ch. 73, par. 1065.87-1)
    Sec. 537.1. The Fund may provide for an equal annual fee of all member companies on a non-pro rata basis to provide for contingent expenses of the Fund. This fee may not exceed $500 per member company for any one calendar year.
(Source: P.A. 85-576.)

    
Notes of Decisions
Cited in 2 cases, 2013–2013 · leading case: Skokie Castings, Inc. v. Illinois Ins. Guar. Fund, 2013 IL 113873 (Ill. 2013).
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Skokie Castings, Inc. v. Illinois Ins. Guar. Fund, 2013 IL 113873 (Ill. 2013). “215 ILCS 5/537.1 (West 2010). In addition, the Fund assesses every member of the Fund for a share of -4- the total amount the Fund must pay out to cover claims when a member becomes insolvent.”
Skokie Castings, Inc. v. Illinois Ins. Guar. Fund, 2013 IL 113873 (Ill. 2013). “215 ILCS 5/537.1 (West 2010). In addition, the Fund assesses every member of the Fund for a share of the total amount the Fund must pay out to cover claims when a member becomes insolvent.”
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