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Illinois Compiled Statutes

Information maintained by the Legislative Reference Bureau
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.

COMMERCIAL CODE
(810 ILCS 5/) Uniform Commercial Code.

810 ILCS 5/Art. 10

 
    (810 ILCS 5/Art. 10 heading)
ARTICLE 10
EFFECTIVE DATE AND REPEALER

810 ILCS 5/10-101

    (810 ILCS 5/10-101) (from Ch. 26, par. 10-101)
    Sec. 10-101. Effective date.
    This Act shall take effect at midnight on July 1, 1962. It applies to transactions entered into and events occurring after that date.
(Source: Laws 1961, 1st S.S., p. 7.)

810 ILCS 5/10-102

    (810 ILCS 5/10-102) (from Ch. 26, par. 10-102)
    Sec. 10-102. Specific repealer; provision for transition.
    (1) The following acts and parts of acts and all other acts and parts of acts inconsistent herewith are hereby repealed:
    "An Act in regard to negotiable instruments payable in money", approved June 5, 1907, as amended;
    "An Act in regard to warehouse receipts", approved May 29, 1907, as amended;
    "An Act to make uniform the law relating to sales", approved June 29, 1915;
    "An Act to regulate the sale or transfer of goods, wares, merchandise and other chattels in bulk and to provide certain penalties in connection therewith", approved May 3, 1913, as amended;
    "Uniform Stock Transfer Act", filed June 28, 1917;
    "An Act concerning contracts for the conditional sale or lease of railroad, street car and motor vehicle equipment and rolling stock, and providing for the record thereof", approved June 20, 1893, as amended;
    "Uniform Trust Receipts Act", filed July 12, 1935, as amended;
    "An Act to regulate the foreclosure of chattel mortgages on household goods, wearing apparel and mechanics' tools", approved June 5, 1889;
    "Factors Lien Act", approved July 18, 1955;
    "An Act relating to assignment of accounts receivable", approved July 22, 1943;
    "An Act to regulate the assignment of notes secured by chattel mortgages, and to regulate the sale of property under the power of sale contained in chattel mortgages", approved June 21, 1895, as amended;
    "Uniform Bills of Lading Act", approved June 5, 1911.2
    (2) Transactions validly entered into before the effective date specified in Section 10-101 and the rights, duties and interests flowing from them remain valid thereafter and may be terminated, completed, consummated or enforced as required or permitted by any statute or other law amended or repealed by this Act as though such repeal or amendment had not occurred.
(Source: Laws 1961, p. 2101.)

810 ILCS 5/10-103

    (810 ILCS 5/10-103) (from Ch. 26, par. 10-103)
    Sec. 10-103. General repealer.
    Except as provided in the following Section, all acts and parts of acts inconsistent with this Act are hereby repealed.
(Source: Laws 1961, p. 2101.)

810 ILCS 5/10-104

    (810 ILCS 5/10-104) (from Ch. 26, par. 10-104)
    Sec. 10-104. (Repealed).
(Source: Laws 1961, p. 2101. Repealed by P.A. 95-895, eff. 1-1-09.)