102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB1448

 

Introduced 2/25/2021, by Sen. Dan McConchie

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/126.21

    Amends the Illinois Insurance Code. Makes a technical change in a Section concerning property and casualty insurers.


LRB102 11226 BMS 16558 b

 

 

A BILL FOR

 

SB1448LRB102 11226 BMS 16558 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Insurance Code is amended by
5changing Section 126.21 as follows:
 
6    (215 ILCS 5/126.21)
7    Sec. 126.21. Applicability. This Part 3 shall apply to the
8the investments and investment practices of property and
9casualty insurers authorized to transact the kinds of
10insurance in either or both Class 2 or Class 3 of Section 4 of
11this Code, subject to the provisions of Section 126.1B.
12(Source: P.A. 90-418, eff. 8-15-97.)