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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB1377 Introduced , by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
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Amends the Illinois Insurance Code. Makes a technical change in a Section
concerning property and casualty insurers.
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| | A BILL FOR |
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| | HB1377 | | LRB101 03425 SMS 48433 b |
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| 1 | | AN ACT concerning regulation.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Insurance Code is amended by |
| 5 | | changing Section 126.21 as follows:
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| 6 | | (215 ILCS 5/126.21)
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| 7 | | Sec. 126.21. Applicability. This Part 3 shall apply to the
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| 8 | | the investments and investment practices of
property and
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| 9 | | casualty insurers authorized to transact the kinds of insurance |
| 10 | | in either or
both Class 2 or Class 3
of Section 4 of this Code, |
| 11 | | subject to the provisions of Section 126.1B. |
| 12 | | (Source: P.A. 90-418, eff. 8-15-97.)
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