92nd General Assembly
Summary of HB2993
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House Sponsors:
PARKE.

Short description: 
INS SURPLUS LINES LICENSE                                                  

Synopsis of Bill as introduced:
        Amends the Illinois Insurance Code.  Provides that surplus  lines      
   producers  must  complete  a  prelicensing course of study rather than      
   pass an examination before obtaining a  license  as  a  surplus  lines      
   producer.    Provides   that  a  surplus  lines  producer  may  submit      
   information  on  every  insurance  contract  to   the   Surplus   Line      
   Association of Illinois rather than submitting the insurance contract.      
   Effective immediately.                                                      
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          215 ILCS 5/445                                                       
          215/ILCS 5/445.1                                                     
          215 ILCS 5/445.2                                                     
          215 ILCS 5/445.3                                                     
          Adds reference to:                                                   
          215 ILCS 5/41                   from Ch. 73, par. 653                
        Replaces the title and  everything  after  the  enacting  clause.      
   Amends  the  Illinois  Insurance  Code.  Makes a technical change in a      
   Section  concerning  the  executive  committee  of   domestic   mutual      
   companies.                                                                  
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



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