Bill Status of SB 2738   99th General Assembly


Short Description:  TITLE INS-CLOSING PROTECTION

Senate Sponsors
Sen. John G. Mulroe-Don Harmon

Last Action  View All Actions

DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 155/3from Ch. 73, par. 1403
215 ILCS 155/16from Ch. 73, par. 1416
215 ILCS 155/17from Ch. 73, par. 1417

Synopsis As Introduced
Amends the Title Insurance Act. Makes changes in the definition of "insured closing letter" or "closing protection letter". Provides that a closing protection letter shall not be issued by any person or entity (including an independent escrowee) other than a title insurance company. Effective immediately.

Actions 
DateChamber Action
  2/16/2016SenateFiled with Secretary by Sen. John G. Mulroe
  2/16/2016SenateFirst Reading
  2/16/2016SenateReferred to Assignments
  2/24/2016SenateAssigned to Judiciary
  3/2/2016SenatePostponed - Judiciary
  3/9/2016SenatePostponed - Judiciary
  3/10/2016SenateAdded as Chief Co-Sponsor Sen. Don Harmon
  4/8/2016SenateRule 2-10 Committee Deadline Established As April 22, 2016
  4/22/2016SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2017SenateSession Sine Die

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