Ill. Admin. Code tit. 50, § 1104.90 – Other Security | Midpage
§ 1104.90
Ill. Admin. Code tit. 50, § 1104.90
Other Security
AUTHORITY: Implementing Sections 173 and 173.1 and authorized by Section 401 of the Illinois Insurance Code [215 ILCS 5].DEPARTMENT OF INSURANCE
A ceding insurer may take credit for unencumbered funds withheld by the ceding insurer in the United States subject to withdrawal solely by the ceding insurer and under its exclusive control.