90th General Assembly Summary of SB1298    [ Home ]   [ Back ]   [ Legislation ]

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Senate Sponsors:
MADIGAN,R.

Short description: 
INS CD MUTUAL HOLDING COMPANY                                              

Synopsis of Bill as introduced:
        Amends the Illinois Insurance Code.  Authorizes the formation  of      
   mutual  insurance  holding  companies.  Provides for the conversion of      
   subsidiary mutual companies to stock companies.  Requires approval  of      
   the  Director  of  Insurance  and  of  the  members.   Defines  terms.      
   Effective immediately.                                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 


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