Illinois Compiled Statutes 215 ILCS 5/76 – Guaranty fund or guaranty capital
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Terms Used In Illinois Compiled Statutes 215 ILCS 5/76
- reciprocal: shall mean the organization or group of all the subscribers. See Illinois Compiled Statutes 215 ILCS 5/61
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.