§ 1-101 Short Titles
§ 1-102 Scope of Article
§ 1-103 Construction of Uniform Commercial Code to promote its purposes and …
§ 1-104 Construction against implied repeal
§ 1-104a Legislative Intent
§ 1-104b Agriculture Production Contract Code
§ 1-105 Severability
§ 1-106 Use of singular and plural; gender
§ 1-107 Section captions
§ 1-108 Relation to Electronic Signatures in Global and National Commerce Act
§ 1-109 (Blank)

Terms Used In Illinois Compiled Statutes > 810 ILCS 5 > Article 1 > Part 1 - General Provisions

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Contract: A legal written agreement that becomes binding when signed.
  • Fraud: Intentional deception resulting in injury to another.
  • 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