LEITCH. (O'MALLEY) 810 ILCS 5/9-301 from Ch. 26, par. 9-301 Amends the Uniform Commercial Code to provide that an unperfected security interest has priority over the rights of a lien creditor if the lien creditor is a trustee or receiver of a state or federally chartered financial institution and a security interest is granted by the financial institution. Effective immediately. 98-01-20 H FILED WITH CLERK 98-01-20 H FIRST READING 98-01-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 98-02-03 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW 98-02-19 H DO PASS/SHORT DEBATE 010-000-000 HJUA 98-02-19 H PLACED CALENDAR 2ND READING-SHORT DEBATE 98-03-18 H SECOND READING-SHORT DEBATE 98-03-18 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 98-03-19 H THIRD READING/SHORT DEBATE/PASSED 116-000-001 98-03-24 S ARRIVE IN SENATE 98-03-24 S PLACED CALENDAR ORDER OF FIRST READING 98-04-13 S CHIEF SPONSOR O'MALLEY 98-04-21 S FIRST READING 98-04-21 S REFERRED TO SENATE RULES COMMITTEE RULES 98-04-22 S ASSIGNED TO COMMITTEE FIN INST 98-04-28 S HELD IN COMMITTEE 98-05-06 S DO PASS 007-000-000 SFIC 98-05-06 S PLACED ON CALENDAR ORDER OF 2ND READING 98-05-07 98-05-07 S SECOND READING 98-05-07 S PLACED ON CALENDAR ORDER OF 3RD READING 98-05-12 98-05-13 S THIRD READING - PASSED 054-000-002 98-05-13 H PASSED BOTH HOUSES 98-06-11 H SENT TO THE GOVERNOR 98-08-07 H GOVERNOR APPROVED 98-08-07 H EFFECTIVE DATE 98-08-07 98-08-07 H PUBLIC ACT.............................. 90-0696 END OF INQUIRY Full Text Bill Summary