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IL HB5137
Bill
Status
Failed
1/8/2013
Primary Sponsor
Frank Mautino
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AI Summary
- Amends Section 123D-1 of the Illinois Insurance Code regarding nonprofit risk organizations
- Makes a technical change to the language describing the purpose of the Article on nonprofit risk organizations
- Purpose of the Article is to provide for organization and issuance of certificates of authority to nonprofit risk organizations that insure nonprofit organizations
- These organizations must qualify as a qualified charitable risk pool as defined in Section 501(n) of the Internal Revenue Code
Legislative Description
REGULATION-TECH
Last Action
Session Sine Die
1/8/2013
Committee Referrals
Rules2/8/2012
Full Bill Text
No bill text available