Bill Text: IL SB1124 | 2013-2014 | 98th 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) 2015-01-13 - Session Sine Die [SB1124 Detail]

Download: Illinois-2013-SB1124-Introduced.html

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98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 SB1124 Introduced 1/24/2013, 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.
LRB098 05383 WGH 35417 b
A BILL FOR
SB1124 LRB098 05383 WGH 35417 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.)