John G. Mulroe
- Democratic
Primary
Amends the Illinois Insurance Code. Creates the Domestic Stock Company Division Article in the Code. Provides that a domestic stock company may divide into 2 or more resulting companies pursuant to a plan of division. Contains provisions concerning the contents of the plan of division, approval of the plan of division by the Director of Insurance, effects of a division, certificates of division, liabilities, and shareholder rights. Makes conforming changes in provisions concerning mergers and consolidations.
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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee Deadline Established As April 27, 2018
Assigned to Insurance
Filed with Secretary by Sen. John G. Mulroe
Referred to Assignments
First Reading
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