215 ILCS 5/1580
Current through Public Acts 103-1 through 103-587, 103-589, and 103-590
A public adjuster who receives, accepts, or holds any funds on behalf of an insured towards the settlement of a claim for loss or damage shall deposit the funds in a non-interest bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the public adjuster's home state or where the loss occurred.
215 ILCS 5/1580