(215 ILCS 5/100) (from Ch. 73, par. 712)
(Section scheduled to be repealed on January 1, 2027)
Sec. 100.
Minimum
available assets required of domestic Lloyds.
The aggregate of the amounts on deposit of all underwriters and all
other admitted assets of each domestic Lloyds available for the payment of
losses shall at all times be at least five times the amount to be assumed
by such Lloyds, net not including reinsurance in licensed insurers, upon a
single risk cumulative for each kind of insurance.
(Source: Laws 1937, p. 696.)
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