ILCS » Chapter 215 · Act 5
Illinois Compiled Statutes

215 ILCS 5/801.1 (2026)

Purpose

✓ current as of May 2026
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(215 ILCS 5/801.1)
    Sec. 801.1. Purpose. The purpose of this Article is to require insurers to make mine subsidence insurance coverage available for residences, living units and commercial buildings located in Illinois; to establish the Illinois Mine Subsidence Insurance Fund; to divide the Fund into separate residential and commercial sub-funds; and to make the Fund the reinsurer for the mine subsidence insurance made available under this Article.
(Source: P.A. 88-379.)

    
Notes of Decisions
Cited in 1 case, 2008–2008 · leading case: Ambrosia Land Investments, LLC v. Peabody Coal Co., 521 F.3d 778 (7th Cir. 2008).
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Ambrosia Land Investments, LLC v. Peabody Coal Co., 521 F.3d 778 (7th Cir. 2008). · cites it 2× “215 ILCS 5/801.1, 5/803.1. The Fund is required to enter into reinsurance agreements with all Illinois property insurers, whereby premiums are collected by the insurer and paid to the Fund under the agreement.”
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