Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

215 ILCS 153/5

215 ILCS 153/40 new

215 ILCS 153/45 new

215 ILCS 153/50 new

215 ILCS 153/55 new

215 ILCS 153/60 new

215 ILCS 153/65 new

215 ILCS 153/70 new

215 ILCS 153/75 new

215 ILCS 153/80 new

Synopsis As Introduced
Amends the Structured Settlement Protection Act. In the provision concerning definitions, adds definitions of "Director" and "Division". Sets forth provisions concerning transferee licensure requirements, qualifications, renewal, revocation and suspension, and examination; the display of licenses; and injunction and review with regard to licensure complaints. Provides that it shall be unlawful for any person to operate as, advertise as, or solicit transfers as a transferee without first having obtained a license. Provides that every applicant shall submit a bond, in which the applicant shall be the obligor, in the sum of $125,000 or an additional amount at the time of the application for a license. Makes other changes.

Actions 

Date	Chamber	Action
2/11/2010	House	Filed with the Clerk by Rep. Kevin Joyce
2/11/2010	House	First Reading
2/11/2010	House	Referred to Rules Committee
2/23/2010	House	Assigned to Judiciary I - Civil Law Committee
3/15/2010	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

Back To Top