Illinois § 6.05 Alternatives to a Bond

Illinois Statutes

§ 6.05 — Alternatives to a Bond

Illinois § 6.05

JurisdictionIllinois

TopicREGULATION

Ch. 225PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS

Act 225 ILCS 720/Surface Coal Mining Land Conservation and Reclamation Act.

Art.Article VI - Performance Bonds

This text of Illinois § 6.05 (Alternatives to a Bond) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

225 Ill. Comp. Stat. 6.05 (2026).

Text

In lieu of a performance bond, the operator may deposit as security cash, negotiable government securities, or negotiable certificates of deposit of any bank organized or transacting business in the United States, or any combination thereof, with the Department in an amount equal to or greater than the amount of the surety bond required by Section 6.02. Such deposits shall be made, held and disposed of as provided in this Act and by the Department by rule.

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In lieu of a performance bond, the operator may deposit as security cash, negotiable government securities, or negotiable certificates of deposit of any bank organized or transacting business in the United States, or any combination thereof, with the Department in an amount equal to or greater than the amount of the surety bond required by Section 6.02. Such deposits shall be made, held and disposed of as provided in this Act and by the Department by rule.