INS-POA-SURETY
Summary
Amends the Illinois Insurance Code. Provides that each power of attorney for a fidelity and surety insurer issued to an agent that authorizes the agent to execute bonds may be recorded in the circuit court clerk's office. Provides that the power of attorney need only be filed once while it remains in effect. Provides that the power of attorney shall give the agent the power to bind the surety on any bond until the expiration or revocation of the power of attorney. Provides that the requirements of the Section do not apply sureties issuing bail bonds. Effective January 1, 2008.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2007
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2007
Last action Jan 13, 2009
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
14
Key actions
0
Committee
4
Jan 13, 2009
House · Failed
Session Sine Die
May 25, 2007
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 22, 2007
House · Reported by committee
Do Pass / Short Debate Judiciary I - Civil Law Committee; 013-000-000
Feb 15, 2007
House · Referred to committee
Assigned to Judiciary I - Civil Law Committee
Feb 7, 2007
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
James D. Brosnahan
DDemocratic
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