50 Ill. Adm. Code 3601.80
Liquidation
Section 5601
Section 3601.80 Liquidation
Each trust is required to adhere
to reasonable standards of financial solvency. Should the Director, within his
discretion and based upon examination or investigation, determine that any
trust is no longer adhering to reasonable standards of financial solvency, he
may undertake appropriate proceedings in order to liquidate the trust entity.