{"data":{"id":"us-il/215-ilcs-5-1580","jurisdiction":"us-il","citation":"215 ILCS 5/1580","heading":"Escrow or trust accounts.","body":"A public adjuster who receives, accepts, or holds any funds on behalf of an insured towards the settlement of a claim for loss or damage shall deposit the funds in a non-interest bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the public adjuster's home state or where the loss occurred.","path":["CHAPTER 215 INSURANCE","Illinois Insurance Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1249\u0026ChapterID=22\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:30Z","sha256":"43ef4326cd1122c5cddf8e10e01b4729ec6966727cb1a029fafb102ca8717955","source_id":"us-il","stale":false,"prev":"us-il/215-ilcs-5-1575","next":"us-il/215-ilcs-5-1585"},"notice":"GroundRules: Original legal text. Not legal advice."}
