SB3065 99TH GENERAL ASSEMBLY

LRB099 18124 EGJ 42490 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
SB3065

Introduced 2/19/2016, by Sen. William E. Brady

SYNOPSIS AS INTRODUCED:

215 ILCS 5/36

from Ch. 73, par. 648

Amends the Illinois Insurance Code. Makes a technical change in a Section concerning domestic mutual companies.

A BILL FOR

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Insurance Code is amended by changing Section 36 as follows:

(215 ILCS 5/36) (from Ch. 73, par. 648)

(Section scheduled to be repealed on January 1, 2017)

Sec. 36. Scope of article. This This article shall apply to all domestic mutual companies transacting or being organized to transact any of the kinds of business enumerated in section 4.

(Source: Laws 1937, p. 696.)