Bill Text: IL SB1114 | 2009-2010 | 96th 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) 2009-08-15 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB1114 Detail]
Download: Illinois-2009-SB1114-Introduced.html
|
||||||||||||||||||||
|
||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
1 | AN ACT concerning business.
| |||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois,
| |||||||||||||||||||
3 | represented in the General Assembly:
| |||||||||||||||||||
4 | Section 5. The Uniform Commercial Code is amended by | |||||||||||||||||||
5 | changing 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 | |||||||||||||||||||
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10 | deemed to be impliedly repealed by subsequent legislation if | |||||||||||||||||||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.
| |||||||||||||||||||
12 | (Source: P.A. 95-895, eff. 1-1-09.)
|