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IL SB1385
Bill
AI Summary
- Amends the Illinois Insurance Code Section 500-5 to make a technical change regarding the scope of Article 500
- Corrects language to clarify that the Article applies to all persons and insurance companies as defined in the Code
- Maintains existing exemptions for surplus lines producers licensed under Section 445, except as specified in Sections 500-40 and 500-90(b)
- Section is scheduled for repeal on January 1, 2017
Legislative Description
REGULATION-TECH
Last Action
Session Sine Die
1/13/2015
Committee Referrals
Assignments2/6/2013
Full Bill Text
No bill text available