CIV PRO-SUPERSEDEAS BOND Senate SponsorsSen. Kirk W. Dillard 1/12/2011SenateSession Sine Die 735 ILCS 5/2-1306 newAmends the Code of Civil Procedure by adding a new Section. Provides that in civil litigation under any legal theory, execution of the judgment shall be stayed during appellate review upon the posting of a supersedeas bond set in accordance with law or court rules, except that the total supersedeas bond that is required of all appellants collectively shall not exceed $150,000,000, regardless of the judgment amount. Provides that if an appellee proves that an appellant is dissipating assets outside the ordinary course of business to avoid payment of a judgment, a court may require the appellant to post a supersedeas bond in an amount up to the total judgment amount. Effective immediately. 2/11/2010SenateFiled with Secretary by Sen. Kirk W. Dillard 2/11/2010SenateFirst Reading 2/11/2010SenateReferred to Assignments 2/24/2010SenateAssigned to Judiciary 3/3/2010SenateTo Judiciary Subcommittee on Civil Process and Procedure 3/5/2010SenateRule 2-10 Committee Deadline Established As March 19, 2010 3/19/2010SenateRule 3-9(a) / Re-referred to Assignments 1/12/2011SenateSession Sine Die