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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
SB1806 Introduced 2/20/2015, by Sen. William R. Haine SYNOPSIS AS INTRODUCED:
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| 215 ILCS 5/548 | from Ch. 73, par. 1065.98 |
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Amends the Illinois Insurance Code. Provides that the board of directors of the Insurance Guaranty Fund shall submit a financial report to the Director of Insurance no later than April 30 (previously March 30) of each year.
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| | A BILL FOR |
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| | SB1806 | | LRB099 07367 MLM 27481 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,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Insurance Code is amended by |
| 5 | | changing Section 548 as follows:
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| 6 | | (215 ILCS 5/548) (from Ch. 73, par. 1065.98)
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| 7 | | Sec. 548. Examination of the Fund. The Fund shall be |
| 8 | | subject to examination and regulation by the Director.
The |
| 9 | | board of directors shall, not later than April 30 March 30 of |
| 10 | | each year, submit
a financial report for the preceding calendar |
| 11 | | year in a form approved by
the Director.
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| 12 | | (Source: P.A. 77-305.)
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