Section 1000.810  Bonus Plans

a)         For the purpose of encouraging thrift and long term investment, bonus plans are herewith established in accordance with the following:

b)         Bonus plans may be issued when required, providing for a bonus premium to be paid in accordance with the provisions of such plans, subject to the Director's approval of:  the bylaw provision, the form of Member's Bonus Agreement, an appropriate certificate and the terms of each plan.

(Source:  Amended at 30 Ill. Reg. 18990, effective December 1, 2006)