Default insurance

110 ILCS 945/3.06, under Higher Education Loan Act.

110 ILCS 945/3.06

(110 ILCS 945/3.06) (from Ch. 144, par. 1603.06)

    Sec. 3.06. Default insurance. "Default insurance" means insurance insuring Education Loans, Authority Loans or Bonds against default.

(Source: P.A. 82-658.)