(5 ILCS 260/14.5) (from Ch. 103, par. 14.5)
Sec. 14.5.
The Department of Central Management Services
shall make an equitable distribution of the cost of the blanket bond or
bonds or self-insurance program provided for in Sections 14.1 and 14.2
of this Act between the agencies
whose officers and employees are bonded. Such costs of a blanket bond or
bonds shall be paid out of
the appropriate funds of the agency to the surety or surety companies or
their authorized representatives through the Department of Central Management
Services.
Claims and administrative costs of a self-insurance program shall be
paid on a pro rata and per occurrence basis out of appropriate
funds of the self-insured agency.
(Source: P.A. 86-12.)
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