Bill Title: Amends the Portable Electronics Insurance Act. Provides that a business entity that is a licensed insurance producer or insurer (supervising entity) shall maintain a registry of vendor locations that are authorized to sell or solicit portable electronics insurance coverage in the State and that, upon request by the Director of Insurance and with 10 days notice to the supervising entity, the registry shall be open to inspection and examination by the Director during the regular business hours of the supervising entity. Makes changes to the provision requiring brochures or other written materials be made available to prospective customers at every location where portable electronics insurance is offered. Deletes language concerning notice with regard to the termination of portable electronics insurance and provides instead that whenever notice or correspondence with respect to a policy of portable electronics insurance is required pursuant to the provision concerning termination of portable electronics insurance or is otherwise required by law, it shall be in writing and sent within the notice period, if any, specified within the statute or regulation. Sets forth provisions concerning notice requirements.

Spectrum: Bipartisan Bill

Status: (Passed) 2012-08-10 - Public Act . . . . . . . . . 97-0939 [HB5047 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2012-08-10	HTML/Text	Link	View
Enrolled	2012-05-21	HTML/Text	Link	View
Engrossed	2012-03-06	HTML/Text	Link	View
Introduced	2012-02-07	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB5047

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB5047 currently on file.

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