Section 722.540  Participant Statements

Account statements shall be provided to designated beneficiaries and designated representatives. The account statements may be sent via U.S. mail and/or provided electronically via website access or e-mail, as selected by the designated beneficiary or designated representative.  Account statements may also be provided to other individuals authorized to receive that information under the Electronic Signatures in Global and National Commerce Act (15 USC 96 et seq.) and the Truth in Lending Act (15 USC 1601 et seq.).

(Source:  Amended at 45 Ill. Reg. 4133, effective March 12, 2021)