<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4135   </title>
<shortdesc>SURETIES-PRIMARY LIABILITIES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Chapin Rose</sponsors>
</sponsor>
<lastaction>
<statusdate>3/26/2009</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Chapin Rose</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>740 ILCS 155/0.05 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Sureties Act. Provides that the Act applies to sureties who share primary liabilities with their principals on promissory notes or performance or other contracts and whose primary liabilities originate from the contracts of their principals. Provides that the Act does not apply to guarantors of payment or guarantors of collection who undertake obligations to pay creditors of principal debtors, but whose obligations are not primary liabilities or are otherwise created by contracts that are separate from the contractual obligations of the principals. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/27/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Chapin Rose</action>
<statusdate>2/27/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/27/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/4/2009</statusdate><chamber>House</chamber><action>Assigned to Judiciary I - Civil Law Committee</action>
<statusdate>3/11/2009</statusdate><chamber>House</chamber><action>Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Chapin Rose</action>
<statusdate>3/13/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/26/2009</statusdate><chamber>House</chamber><action>Motion Prevailed by Voice Vote</action>
<statusdate>3/26/2009</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Chapin Rose</action>
</actions>
</xml>

