Illinois § 12A-102
Full text of Illinois Illinois Compiled Statutes § 12A-102, with citation guidance and answers to common questions.
§ 12A-102.
Sec. 12A-102. Definitions. (a) In this Article: (1) "Adjustment date" means July 1, 2025, or the date that is one year after the effective date of this amendatory Act of the 103rd General Assembly, whichever is later. (2) "Article 12" means Article 12 of the Uniform Commercial Code. (3) "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible. (b) Definitions in other Articles. The following definitions in other Articles of the Uniform Commercial Code apply to this Article. "Controllable account". Section 9-102. "Controllable electronic record". Section 12-102. "Controllable payment intangible". Section 9-102. "Electronic money". Section 9-102. "Financing statement". Section 9-102. (c) Article 1 definitions and principles. Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article. (Source: P.A. 103-1036, eff. 1-1-25.)
Frequently Asked Questions About Illinois § 12A-102
What does Illinois Compiled Statutes § 12A-102 cover?
Section 12A-102 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 12A-102?
A common citation format is "Illinois Compiled Statutes § 12A-102" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 12A-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.