HB4670 95TH GENERAL ASSEMBLY 






 

 		











95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB4670


 
Introduced , by Rep. Cynthia Soto
 
SYNOPSIS AS INTRODUCED:
 		













215 ILCS 5/143.12b new










    Amends the Illinois Insurance Code.  Provides that a company insuring an individual who is at fault in an automobile collision must pay the damages incurred by others in the collision who are not at fault within 5 days of the date the damages are determined.
















LRB095 17211 KBJ 43271 b

















 


 


A BILL FOR









 











HB4670

LRB095 17211 KBJ 43271 b






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    AN ACT concerning regulation.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Illinois Insurance Code is amended  by adding 
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Section 143.12b as follows:
 
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    (215 ILCS 5/143.12b  new)
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    Sec. 143.12b. Automobile insurance; paying damages. A 
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company providing automobile insurance to an individual who is 
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at fault in an automobile collision must pay the damages 
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incurred by others in the collision who are not at fault within 
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5 days of the date the damages are determined.