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IL SB3756

Bill

Status

Failed

1/8/2013

Primary Sponsor

John Mulroe

Click for details

Origin

Senate

97th General Assembly

AI Summary

  • Amends Section 1-102 of the Uniform Commercial Code (810 ILCS 5/1-102) concerning the scope of Article 1
  • Makes a technical change to clarify that Article 1 applies to a transaction "to the extent that it is governed by another Article of the Uniform Commercial Code"
  • Changes existing language by removing redundant "the" and adding clarifying language about the scope of application
  • Effective date tied to previous enactment (P.A. 95-895, effective January 1, 2009)

Legislative Description

BUSINESS-TECH

Last Action

Session Sine Die

1/8/2013

Committee Referrals

Assignments2/10/2012

Full Bill Text

No bill text available