(215 ILCS 5/76) (from Ch. 73, par. 688)
(Section scheduled to be repealed on January 1, 2027)
Sec. 76.
Guaranty
fund or guaranty capital.
Any domestic reciprocal may provide for a surplus by accumulating a
guaranty fund or guaranty capital in the same manner and upon the same
terms and conditions as is provided in Section 56 for mutual companies.
(Source: Laws 1937, p. 696 .)
|