Bill Text: IL SB0386 | 2019-2020 | 101st General Assembly | Introduced


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: (Failed) 2021-01-13 - Session Sine Die [SB0386 Detail]

Download: Illinois-2019-SB0386-Introduced.html


101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB0386

Introduced 1/31/2019, 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.
LRB101 04147 JLS 49155 b

A BILL FOR

SB0386LRB101 04147 JLS 49155 b
1 AN ACT concerning business.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Uniform Commercial Code is amended by
5changing Section 1-102 as follows:
6 (810 ILCS 5/1-102) (from Ch. 26, par. 1-102)
7 Sec. 1-102. Scope of Article. This Article applies to a
8transaction to the the extent that it is governed by another
9Article of the Uniform Commercial Code.
10(Source: P.A. 95-895, eff. 1-1-09.)
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