TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF PROFESSIONAL REGULATION
SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS
PART 1510 WHOLESALE DRUG DISTRIBUTION LICENSING ACT
SECTION 1510.15 LIABILITY INSURANCE REQUIREMENTS


 

Section 1510.15  Liability Insurance Requirements

 

a)         Each applicant for license as a wholesale drug distributor or a third-party logistics provider shall maintain, for the duration of that license, minimum liability insurance.

 

b)         Each wholesale drug distributor shall submit a bond or other equivalent means of security, as approved by the Department, in the amount of $100,000.

 

c)         Each third-party logistics provider shall submit a bond or other equivalent means of security, as approved by the Department, in the amount of $100,000.

 

(Source:  Added at 44 Ill. Reg. 3363, effective March 6, 2020)