Section 4-209 - Fund payments before beginning business(a) Payment to the initial guaranty fund shall be:(2) Evidenced by transferable deferred payment certificates.(b) The approval of the Commissioner is required as to:(1) The form of the transferable deferred payment certificates;(2) The rate of interest that the holder of a certificate will be entitled to receive; and(3) The terms under which and the pro rata installments by which the holder of a certificate will be repaid.