Authority of Director

215 ILCS 5/107a.15, under Group Workers' Compensation; Pools; Pooling; Insolvency Fund.

215 ILCS 5/107a.15

(215 ILCS 5/107a.15)

    Sec. 107a.15. Authority of Director.

    (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.

(Source: P.A. 91-757, eff. 1-1-01.)