50 Ill. Adm. Code 8100.402

Computation of Amount on Deposit

Last amended: 2002Year: 2026Length: 77 wordsOfficial source
Section 8100 Section 8100.402  Computation of Amount on Deposit 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.
50 Ill. Adm. Code 8100.402: Computation of Amount on Deposit | Justis AI