Illinois Compiled Statutes 215 ILCS 5/107a.15 – Authority of Director
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(a) If the Director determines that a group workers’ compensation pool is not in compliance with this Article, the Director shall require the pool to eliminate the condition causing the noncompliance within a specified time from the date the notice of the Director’s requirement is mailed or delivered to the pool.
(b) If a pool fails to comply with the Director’s requirement, the pool shall be deemed to be in a hazardous financial condition, and the Director may take one or more of the actions authorized by law as to pools in hazardous financial condition.
(b) If a pool fails to comply with the Director’s requirement, the pool shall be deemed to be in a hazardous financial condition, and the Director may take one or more of the actions authorized by law as to pools in hazardous financial condition.