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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
SB0303 Introduced 1/24/2017, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
| | 815 ILCS 5/2.1 | from Ch. 121 1/2, par. 137.2-1 |
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Amends the Illinois Securities Law of 1953. Makes a technical change in a
Section concerning the definition of security.
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| | A BILL FOR |
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| | SB0303 | | LRB100 04817 JLS 14827 b |
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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, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Securities Law of 1953 is amended |
5 | | by changing Section 2.1 as follows:
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6 | | (815 ILCS 5/2.1) (from Ch. 121 1/2, par. 137.2-1)
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7 | | Sec. 2.1. Security. "Security" means any note, stock, |
8 | | treasury stock,
bond, debenture, evidence of indebtedness, |
9 | | certificate of interest or
participation in any profit-sharing |
10 | | agreement, collateral-trust
certificate, preorganization |
11 | | certificate or subscription, transferable
share, investment |
12 | | contract, viatical investment, investment fund share, |
13 | | face-amount certificate,
voting-trust certificate, certificate |
14 | | of deposit
for a security, fractional
undivided interest in |
15 | | oil, gas or other mineral lease, right or royalty,
any put, |
16 | | call, straddle, option, or privilege on any security, |
17 | | certificate
of deposit, or group or index of securities |
18 | | (including any interest therein
or based on the
the value |
19 | | thereof), or any put, call, straddle, option, or
privilege |
20 | | entered into, relating to
foreign currency, or, in general, any |
21 | | interest or instrument commonly known
as a "security", or any |
22 | | certificate of interest or participation in,
temporary or |
23 | | interim certificate for, receipt for, guarantee of, or warrant
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