MYERS,RICHARD. 810 ILCS 5/Article 2B heading new 810 ILCS 5/Article 2B, Part 1 heading new 810 ILCS 5/2B-101 new 810 ILCS 5/2B-102 new 810 ILCS 5/2B-103 new 810 ILCS 5/Article 2B, Part 2 heading new 810 ILCS 5/2B-201 new Amends the Uniform Commercial Code by adding a new Article with the short title of Uniform Commercial Code-Guaranteed Prepayments of Agricultural Goods. Provides that "in the event that the recipient of monies for agricultural goods becomes insolvent, the purchaser shall receive a payment equal to the monies paid for agricultural goods not delivered" and "in the event that the recipient of monies for agricultural goods enters into insolvency proceedings, the purchaser shall serve as the first secured creditor in the insolvency proceedings". Effective immediately. FEB-07-2002 H FILED WITH CLERK FEB-07-2002 H FIRST READING FEB-07-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-13-2002 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW FEB-22-2002 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary