Illinois General Assembly - Full Text of SB1150
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Full Text of SB1150  93rd General Assembly

SB1150sam003 93rd General Assembly


093_SB1150sam003











                                     LRB093 09649 JLS 13809 a

 1                    AMENDMENT TO SENATE BILL 1150

 2        AMENDMENT NO.     .  Amend Senate Bill 1150, AS  AMENDED,
 3    with  reference herein to the page and line numbers of Senate
 4    Amendment No. 1, on page 4, line 6, by replacing  "5/500-107"
 5    with "500-107"; and

 6    on  page  4,  line 8, by changing "(a)  A" to "(a)  Except as
 7    permitted by subsection (j) of this Section, a"; and

 8    on  page  6  by  inserting  immediately  below  line  17  the
 9    following:
10        "(j)  Nothing contained in this Section shall prohibit an
11    unlicensed  person  from  enrolling,  issuing,  or  otherwise
12    distributing certificates of insurance under a  group  master
13    policy lawfully issued in this or another state when:
14             (1)  the   enrollment   or  distribution  is  by  an
15        employee of the group master policyholder;
16             (2)  no commission is paid for  such  enrollment  or
17        distribution;
18             (3)  the distribution is incidental and ancillary to
19        the   primary   rental   business  of  the  group  master
20        policyholder; and
21             (4)  the group master policy is sold  to  the  group
22        master policyholder by a licensed producer.
23        (k)  Nothing in this Section applies to or affects common
 
                            -2-      LRB093 09649 JLS 13809 a
 1    carriers regulated by the Illinois Commerce Commission."; and

 2    on page 7 by deleting lines 29 and 30.