Section 1050.490  Bonding Requirements

Each licensee shall maintain a bond in conformance with Section 3-1 of the Act in the amount of not less than $20,000.  For the purposes of this Section, the form of the indemnity bond shall be defined as a licensure, surety or any other form of bond that is individually submitted to the Director for consideration as an approved bond.

(Source:  Amended at 29 Ill. Reg. 14808, effective September 26, 2005)