Illinois General Assembly - Illinois Compiled Statutes

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5 ILCS 375/13.2

(5 ILCS 375/13.2) (from Ch. 127, par. 533.2)

Sec. 13.2.

Insurance reserve funds; investments.

All amounts held in
the Health Insurance Reserve Fund, the Group Insurance Premium Fund, and
the Local Government Health
Insurance Reserve Fund shall be invested, at interest, by the State
Treasurer.  The investments shall be subject to terms, conditions, and
limitations imposed by the laws of Illinois on State funds.  All income
derived from the investments shall accrue and be deposited to the
respective funds no less frequently than quarterly.  The Health Insurance
Reserve Fund and the Local Government Health Insurance Reserve Fund shall
be administered by the Director.

(Source: P.A. 91-390, eff. 7-30-99.)