[ Search ] [ PDF text ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
| [ Introduced ] | [ Enrolled ] | [ House Amendment 001 ] |
92_HB5822eng HB5822 Engrossed LRB9214924JSpc 1 AN ACT in relation to certain financial service 2 providers. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Illinois Banking Act is amended by adding 6 Section 5f as follows: 7 (205 ILCS 5/5f new) 8 Sec. 5f. Non-English language transactions. A bank may 9 conduct transactions in a language other than English through 10 an employee or agent acting as interpreter or through an 11 interpreter provided by the customer. 12 Section 10. The Illinois Bank Holding Company Act of 13 1957 is amended by adding Section 3.10 as follows: 14 (205 ILCS 10/3.10 new) 15 Sec. 3.10. Non-English language transactions. A bank 16 holding company may conduct transactions in a language other 17 than English through an employee or agent acting as 18 interpreter or through an interpreter provided by the 19 customer. 20 Section 15. The Illinois Savings and Loan Act of 1985 is 21 amended by adding Section 1-6e as follows: 22 (205 ILCS 105/1-6e new) 23 Sec. 1-6e. Non-English language transactions. An 24 association may conduct transactions in a language other than 25 English through an employee or agent acting as interpreter or 26 through an interpreter provided by the customer. HB5822 Engrossed -2- LRB9214924JSpc 1 Section 20. The Savings Bank Act is amended by adding 2 Section 1008.05 as follows: 3 (205 ILCS 205/1008.05 new) 4 Sec. 1008.05. Non-English language transactions. A 5 savings bank may conduct transactions in a language other 6 than English through an employee or agent acting as 7 interpreter or through an interpreter provided by the 8 customer. 9 Section 25. The Illinois Credit Union Act is amended by 10 adding Section 13a as follows: 11 (205 ILCS 305/13a new) 12 Sec. 13a. Non-English language transactions. A credit 13 union may conduct transactions in a language other than 14 English through an employee or agent acting as interpreter or 15 through an interpreter provided by the customer. 16 Section 30. The Corporate Fiduciary Act is amended by 17 adding Section 1-6a as follows: 18 (205 ILCS 620/1-6a new) 19 Sec. 1-6a. Non-English language transactions. A 20 corporate fiduciary may conduct transactions in a language 21 other than English through an employee or agent acting as 22 interpreter or through an interpreter provided by the 23 customer. 24 Section 35. The Foreign Banking Office Act is amended by 25 adding Section 3.5 as follows: 26 (205 ILCS 645/3.5 new) 27 Sec. 3.5. Non-English language transactions. A foreign HB5822 Engrossed -3- LRB9214924JSpc 1 banking corporation may conduct transactions in a language 2 other than English through an employee or agent acting as 3 interpreter or through an interpreter provided by the 4 customer. 5 Section 40. The Foreign Bank Representative Office Act 6 is amended by adding Section 7.5 as follows: 7 (205 ILCS 650/7.5 new) 8 Sec. 7.5. Non-English language transactions. A foreign 9 bank representative office may conduct transactions in a 10 language other than English through an employee or agent 11 acting as interpreter or through an interpreter provided by 12 the customer. 13 Section 45. The Consumer Installment Loan Act is amended 14 by adding Section 16c as follows: 15 (205 ILCS 670/16c new) 16 Sec. 16c. Non-English language transactions. A licensee 17 may conduct transactions in a language other than English 18 through an employee or agent acting as interpreter or through 19 an interpreter provided by the customer. 20 Section 50. The Illinois Insurance Code is amended by 21 changing Section 155.32 as follows: 22 (215 ILCS 5/155.32) 23 Sec. 155.32. Policy explanations; language other than 24 English. 25 (a) A company, as defined in Section 132.2 of this Code, 26 may conduct transactions in a language other than English 27 through an employee or agent acting as interpreter or through 28 an interpreter provided by the customer. HB5822 Engrossed -4- LRB9214924JSpc 1 (b) An insurance carrier licensed to provide insurance 2 as defined in subsections (a) and (b) of Section 143.13 of 3 this Code may provide insurance policies, endorsements, 4 riders, and any explanatory or advertising material in a 5 language other than English. In the event of a dispute or 6 complaint regarding the insurance or advertising material, 7 the English language version of the insurance coverage shall 8 control the resolution of the dispute or complaint. 9 (Source: P.A. 90-401, eff. 1-1-98.) 10 Section 55. The Title Insurance Act is amended by adding 11 Section 24.5 as follows: 12 (215 ILCS 155/24.5 new) 13 Sec. 24.5. Non-English language transactions. A title 14 insurance company, title insurance agent, or independent 15 escrowee may conduct transactions in a language other than 16 English through an employee or agent acting as interpreter or 17 through an interpreter provided by the customer. 18 Section 60. The Illinois Securities Law of 1953 is 19 amended by adding Section 8c as follows: 20 (815 ILCS 5/8c new) 21 Sec. 8c. Non-English language transactions. A person 22 subject to registration under Section 8 of this Act may 23 conduct transactions in a language other than English through 24 an employee or agent acting as interpreter or through an 25 interpreter provided by the customer. 26 Section 99. Effective date. This Act takes effect upon 27 becoming law.