50 Ill. Adm. Code 8100.245
Definition of the term "Net Retained Liability" as Used in Sections 8.(a) and 11.(c)(2) of the Act
Section 8100
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.