Ill. Admin. Code tit. 50, § 3601.100 - Pooling Among Several Trusts
a)
No trust established and approved pursuant to the provisions of this Act shall
enter into any written agreements with any other trust fund for the pooling and
sharing of risks unless such other trust funds have been established and
approved pursuant to the provisions of this Act.
b) No trust established and approved pursuant
to the provisions of this Act shall pool or share risks with any other trust
established by the laws of any state of the United States other than Illinois.
It is the specific intention of this provision to limit the pooling and sharing
of risks among religious and charitable risk pooling trusts to trust funds
approved pursuant to the Act and located in Illinois.
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