99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB1266

 

Introduced , by Rep. Michael J. Madigan

 

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.


LRB099 05119 JLS 25148 b

 

 

A BILL FOR

 

HB1266LRB099 05119 JLS 25148 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10deemed to be impliedly repealed by subsequent legislation if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.)