Bill Text: IL SB0699 | 2011-2012 | 97th General Assembly | Introduced


Bill Title: Amends the Illinois Insurance Code. Makes a technical change in a Section concerning property and casualty insurers.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [SB0699 Detail]

Download: Illinois-2011-SB0699-Introduced.html


97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB0699

Introduced 2/8/2011, by Sen. John J. Cullerton

SYNOPSIS AS INTRODUCED:
215 ILCS 5/126.21

Amends the Illinois Insurance Code. Makes a technical change in a Section concerning property and casualty insurers.
LRB097 04442 RPM 44481 b

A BILL FOR

SB0699LRB097 04442 RPM 44481 b
1 AN ACT concerning regulation.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Illinois Insurance Code is amended by
5changing Section 126.21 as follows:
6 (215 ILCS 5/126.21)
7 Sec. 126.21. Applicability. This Part 3 shall apply to the
8the investments and investment practices of property and
9casualty insurers authorized to transact the kinds of insurance
10in either or both Class 2 or Class 3 of Section 4 of this Code,
11subject to the provisions of Section 126.1B.
12(Source: P.A. 90-418, eff. 8-15-97.)
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