(215 ILCS 5/179E-45)
Sec. 179E-45.
Capitalization.
An SPRV must have minimum initial capital of
not
less than $5,000. All of the initial capital must be received by the SPRV in
cash. The
minimum initial capital required and all other funds of the SPRV in excess of
its minimum
initial capital, including funds held in trust to secure the obligations of the
SPRV pursuant to
its obligations under the SPRV contracts, shall be invested as provided in
Section 179E-85.
(Source: P.A. 92-124, eff. 7-20-01.)
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