Ill. Admin. Code tit. 50 § 8100.245

Current through Register Vol. 48, No. 44, November 1, 2024

Section 8100.245 - Definition of the term "Net Retained Liability" as Used in Sections 8.(a) and 11.(c)(2) of the Act

The term "Net Retained Liability" as used in Sections 8.(a) and 11.(c)(2) of the Act shall mean the total liability retained by a title insurance company for a single risk, after taking into account the deduction for ceded liability, if any.

Ill. Admin. Code tit. 50, § 8100.245