Bill Title: Amends the Illinois Insurance Code in the provision concerning a mutual company's conversion to a stock company. Provides that the mutual company's meeting to vote upon the plan of conversion shall not be set for a date less than 30 days (rather than 60 days) after the date when the notice of the meeting is mailed by the mutual company. Makes a technical correction. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 3-1)

Status: (Failed) 2015-01-04 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [HB3784 Detail]

Text: Latest bill text (Amended) [HTML]

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