99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
SB1806

 

Introduced 2/20/2015, by Sen. William R. Haine

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/548  from Ch. 73, par. 1065.98

    Amends the Illinois Insurance Code. Provides that the board of directors of the Insurance Guaranty Fund shall submit a financial report to the Director of Insurance no later than April 30 (previously March 30) of each year.


LRB099 07367 MLM 27481 b

 

 

A BILL FOR

 

SB1806LRB099 07367 MLM 27481 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 548 as follows:
 
6    (215 ILCS 5/548)  (from Ch. 73, par. 1065.98)
7    Sec. 548. Examination of the Fund. The Fund shall be
8subject to examination and regulation by the Director. The
9board of directors shall, not later than April 30 March 30 of
10each year, submit a financial report for the preceding calendar
11year in a form approved by the Director.
12(Source: P.A. 77-305.)