# 11 Ill. Adm. Code 1770.100: Section 1770.100 Bonding of Agents

> Illinois · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_100

## Section

- **Citation:** 11 Ill. Adm. Code 1770.100
- **Heading:** Section 1770.100 Bonding of Agents
- **Jurisdiction:** Illinois
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Illinois Administrative Code / Title 11 ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING / CHAPTER II: DEPARTMENT OF THE LOTTERY / Part 1770 LOTTERY (GENERAL) / Section 1770.100 Bonding of Agents

## Text

Section 1770
Section 1770.100  Bonding of
Agents
The Department may require a
surety bond, letter of credit, or security deposit in the form of a cashier's
check or money order from any Agent, at the Agent's expense, to avoid any
monetary loss to the State because of the Agent's activities in the sale of Lottery
game tickets.  The surety bond, letter of credit or security deposit shall not
exceed twice the average lottery ticket sales of the retailer for the period
within which the Agent is required to remit lottery funds to the Department.
For the first 90 days of sales of a new lottery retailer, the amount of the
bond may not exceed twice the average estimated lottery ticket sales for the
period within which the Agent is required to remit lottery funds to the
Department. Most lottery bonds range between $5,000 and $15,000. Standard
market rates range between 1%-4% of the total amount or otherwise between $100
and $400.  The Department may require a financial statement revealing the
financial condition of any person or organization seeking to become, or
continue as, an Agent.

## Nearby sections

- [11 Ill. Adm. Code 1770.10 Section 1770.10  Definitions](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_10.md)
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- [11 Ill. Adm. Code 1770.90 Section 1770.90  Delinquent Financial Obligations](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_90.md)
- [11 Ill. Adm. Code 1770.100 Section 1770.100  Bonding of Agents](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_100.md)
- [11 Ill. Adm. Code 1770.110 Section 1770.110  License Expiration and Renewal](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_110.md)
- [11 Ill. Adm. Code 1770.120 Section 1770.120  Agent Financial Adjustments](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_120.md)
- [11 Ill. Adm. Code 1770.130 Section 1770.130  Lost, Stolen, Altered, and Damaged Winning Tickets and other Discrepancies](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_130.md)
- [11 Ill. Adm. Code 1770.140 Section 1770.140  Sales by Department Directly](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_140.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T11_P1770_S1770_100. Check the current official text before relying on it. Not legal advice.