TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF PROFESSIONAL REGULATION SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS PART 1510 WHOLESALE DRUG DISTRIBUTION LICENSING ACT SECTION 1510.15 LIABILITY INSURANCE REQUIREMENTS
Section 1510.15 Liability Insurance Requirements
a) Each applicant for license as a wholesale drug distributor or a third-party logistics provider shall maintain, for the duration of that license, minimum liability insurance.
b) Each wholesale drug distributor shall submit a bond or other equivalent means of security, as approved by the Department, in the amount of $100,000.
c) Each third-party logistics provider shall submit a bond or other equivalent means of security, as approved by the Department, in the amount of $100,000.
(Source: Added at 44 Ill. Reg. 3363, effective March 6, 2020) |