Bill Text: IL SB0142 | 2015-2016 | 99th General Assembly | Introduced
Bill Title: Amends the Uniform Commercial Code. Makes a technical change in a Section concerning the implied repeal of the Act.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2015-10-10 - Senate Floor Amendment No. 2 Re-referred to Assignments; Pursuant to Senate Rule 3-9(b) [SB0142 Detail]
Download: Illinois-2015-SB0142-Introduced.html
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1 | AN ACT concerning business.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Uniform Commercial Code is amended by | |||||||||||||||||||
5 | changing Section 1-104 as follows:
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6 | (810 ILCS 5/1-104) (from Ch. 26, par. 1-104)
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7 | Sec. 1-104. Construction against implied repeal.
The
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8 | Uniform Commercial Code being a general Act intended as a | |||||||||||||||||||
9 | unified coverage of its subject matter, no part of it shall be | |||||||||||||||||||
10 | deemed to be impliedly repealed by subsequent legislation if | |||||||||||||||||||
11 | such construction can reasonably be avoided.
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12 | (Source: P.A. 95-895, eff. 1-1-09.)
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