35 Ill. Adm. Code 807.603
Upgrading Financial Assurance
Section 807
Section 807.603Â Upgrading
Financial Assurance
a)Â Â Â Â Â Â Â Â The operator must maintain financial assurance equal to or
greater than the current cost estimate at all times except as provided in this
Section.
b)Â Â Â Â Â Â Â Â The operator must increase the total amount of financial
assurance so as to equal the current cost estimate within 90 days after any of
the following:
1)Â Â Â Â Â Â Â Â An increase in the current cost estimate;
2)Â Â Â Â Â Â Â Â A decrease in the value of a trust fund;
3)Â Â Â Â Â Â Â Â A determination by the Agency that an operator no longer meets
the gross revenue or financial test; or,
4)Â Â Â Â Â Â Â Â Notification by the operator that the operator intends to
substitute alternate financial assurance for self-insurance.