Bill Text: IL SB0141 | 2015-2016 | 99th General Assembly | Introduced

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Bill Title: Amends the Uniform Commercial Code. Makes a technical change in a Section concerning the scope of Article 1 of the Code.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-07-31 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB0141 Detail]

Download: Illinois-2015-SB0141-Introduced.html

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99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 SB0141 Introduced 1/28/2015, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
810 ILCS 5/1-102 from Ch. 26, par. 1-102
Amends the Uniform Commercial Code. Makes a technical change in a Section concerning the scope of Article 1 of the Code.
LRB099 03414 JLS 23422 b
A BILL FOR
SB0141 LRB099 03414 JLS 23422 b
AN ACT concerning business.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Uniform Commercial Code is amended by
changing Section 1-102 as follows:
(810 ILCS 5/1-102) (from Ch. 26, par. 1-102)
Sec. 1-102. Scope of Article. This Article applies to a
transaction to the the extent that it is governed by another
Article of the Uniform Commercial Code.
(Source: P.A. 95-895, eff. 1-1-09.)