Bill Text: IL SB0387 | 2019-2020 | 101st 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: (Failed) 2021-01-13 - Session Sine Die [SB0387 Detail]

Download: Illinois-2019-SB0387-Introduced.html


101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB0387

Introduced 1/31/2019, by Sen. John J. Cullerton

SYNOPSIS AS INTRODUCED:
810 ILCS 5/1-104 from Ch. 26, par. 1-104

Amends the Uniform Commercial Code. Makes a technical change in a Section concerning the implied repeal of the Act.
LRB101 04148 JLS 49156 b

A BILL FOR

SB0387LRB101 04148 JLS 49156 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 1-104 as follows:
6 (810 ILCS 5/1-104) (from Ch. 26, par. 1-104)
7 Sec. 1-104. Construction against implied repeal. The The
8Uniform Commercial Code being a general Act intended as a
9unified coverage of its subject matter, no part of it shall be
10deemed to be impliedly repealed by subsequent legislation if
11such construction can reasonably be avoided.
12(Source: P.A. 95-895, eff. 1-1-09.)
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