Bill Text: IL HB1681 | 2017-2018 | 100th General Assembly | Introduced

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Bill Title: Amends the Uniform Commercial Code. Makes a technical change in a Section concerning the scope of Article 1 of the Code.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB1681 Detail]

Download: Illinois-2017-HB1681-Introduced.html

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100TH GENERAL ASSEMBLY State of Illinois 2017 and 2018 HB1681 Introduced , by Rep. Michael J. Madigan 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.
LRB100 03430 JLS 13435 b
A BILL FOR
HB1681 LRB100 03430 JLS 13435 b
AN ACT concerning business.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Uniform Commercial Code is amended by
changing Section 1-102 as follows:
(810 ILCS 5/1-102) (from Ch. 26, par. 1-102)
Sec. 1-102. Scope of Article. This Article applies to a
transaction to the the extent that it is governed by another
Article of the Uniform Commercial Code.
(Source: P.A. 95-895, eff. 1-1-09.)