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.)