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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB1266 Introduced , by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
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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.
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| | A BILL FOR |
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| | HB1266 | | LRB099 05119 JLS 25148 b |
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| 1 | | AN ACT concerning business.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Uniform Commercial Code is amended by |
| 5 | | changing Section 1-104 as follows:
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| 6 | | (810 ILCS 5/1-104) (from Ch. 26, par. 1-104)
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| 7 | | Sec. 1-104. Construction against implied repeal.
The
The |
| 8 | | Uniform Commercial Code being a general Act intended as a |
| 9 | | unified coverage of its subject matter, no part of it shall be |
| 10 | | deemed to be impliedly repealed by subsequent legislation if |
| 11 | | such construction can reasonably be avoided.
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| 12 | | (Source: P.A. 95-895, eff. 1-1-09.)
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