Ill. Admin. Code tit. 50 § 8100.402
Current through Register Vol. 48, No. 44, November 1, 2024
Each Company shall compute the value of the Bonds on deposit on at least a quarterly basis. The computation shall be made using the actual cash value of each Bond, not face value. At all times, the actual cash value of the Bonds on deposit must be equal to or greater than the amount required to be on deposit , as specified under Section 4.(b) of the Act.
Ill. Admin. Code tit. 50, § 8100.402
Amended at 26 Ill. Reg. 14265, effective October 1, 2002