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Code · Illinois · Chapter 625 — VEHICLES · Act 5

Sec. 18c-5105. Bonds and Insurance.

72 words·~1 min read·/il/chapter-625/act-5/18c-5105

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Sec. 18c-5105. Bonds and Insurance. The Commission may prescribe for brokers such requirements regarding bonds, insurance, and the terms of coverage thereof, as the Commission determines are needed to protect carriers, shippers, consignors, and consignees of freight with respect to which brokering service is provided. Unless otherwise provided by the Commission, such requirements shall be the same as are applicable to property brokers under the Interstate Commerce Act and regulations adopted thereunder.
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