Comments: IL HB1284 | 2011-2012 | 97th General Assembly

Bill Title: Creates the Portable Electronics Insurance Act. Requires vendors of portable electronics to hold a limited-lines license to sell or offer coverage under a policy of portable electronics insurance. Provides that a limited-lines license issued under the Act shall authorize any employee or authorized representative of the vendor to sell or offer coverage under a policy of portable electronics insurance. Establishes requirements for the sale of portable electronics insurance. Sets forth the conditions under which a vendor of portable electronics shall not be subject to licensure as an insurance producer under the Illinois Insurance Code. Sets forth provisions concerning billing, suspension or revocation of license, termination of insurance, and application for licensure.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2011-08-15 - Public Act . . . . . . . . . 97-0366 [HB1284 Detail]

Text: Latest bill text (Chaptered) [HTML]

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