Ill. Admin. Code tit. 50, § 8100.403 – Exchange of Bonds on Deposit | Midpage
§ 8100.403
Ill. Admin. Code tit. 50, § 8100.403
Exchange of Bonds on Deposit
AUTHORITY: Implementing and authorized by the Title Insurance Act [215 ILCS 155].DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
No Company shall exchange, substitute, remove, encumber, or hypothecate, Bonds on deposit without receiving prior thereto written approval from the Director or the Director's authorized representative.