Bill Status of SB 3631   96th General Assembly


Short Description:  CIV PRO-SUPERSEDEAS BOND

Senate Sponsors
Sen. Kirk W. Dillard

Last Action  View All Actions

DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
735 ILCS 5/2-1306 new

Synopsis As Introduced
Amends 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.

Actions 
DateChamber Action
  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

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