Illinois Administrative Code
Title 8 - AGRICULTURE AND ANIMALS
Part 3 - DEPARTMENT OF AGRICULTURE ACTING AS TRUSTEE ON BEHALF OF CLAIMANTS
Subpart B - PROCEDURE FOR THE COLLECTION, CONTROL AND DISTRIBUTION OF COLLATERAL FILED IN LIEU OF A SURETY BOND WITH THE DIRECTOR OF THE ILLINOIS DEPARTMENT OF AGRICULTURE ACTING ON BEHALF OF CLAIMANTS
Section 3.130 - Release of Payment to Claimants

Universal Citation: 8 IL Admin Code ยง 3.130
Current through Register Vol. 48, No. 12, March 22, 2024

No portion of the collateral shall be paid to claimants by the Director of the Illinois Department of Agriculture, as Trustee, until such time as 30 days have passed after a final administrative order without appeal or action on a rehearing before the administrative law judge (8 Ill. Adm. Code 1.114 ). After a final administrative determination and payment to the claimants with valid claims is made, the Director of the Illinois Department of Agriculture shall return the net balance, if any, to the person pledging the collateral.

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