Illinois Compiled Statutes 810 ILCS 5/11-102 – Preservation of Old Transition Provision
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Terms Used In Illinois Compiled Statutes 810 ILCS 5/11-102
- Statute: A law passed by a legislature.
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
The provisions of Article 10 of the “Uniform Commercial Code”, approved July 31, 1961, as amended, shall continue to apply to this amendatory Act of 1972 and for this purpose the Uniform Commercial Code, approved July 31, 1961, as amended, and this amendatory Act of 1972 shall be considered one continuous statute.