Illinois Compiled Statutes

740 ILCS 160/11 (2026)

Unless displaced by the provisions of this Act, the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches, fraud, misrepresentation, duress, coercion, mistake, insolvency, or other validating or invalidating cause, supplement its provisions

✓ current as of May 2026
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(740 ILCS 160/11) (from Ch. 59, par. 111)
    Sec. 11. Unless displaced by the provisions of this Act, the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches, fraud, misrepresentation, duress, coercion, mistake, insolvency, or other validating or invalidating cause, supplement its provisions.
(Source: P.A. 86-814.)

    
Notes of Decisions
Cited in 12 cases, 1997–2020 · leading case: Rush Univ. Med. Ctr. v. Sessions, 2012 IL 112906 (Ill. 2012).
Rush Univ. Med. Ctr. v. Sessions, 2012 IL 112906 (Ill. 2012). · cites it 2× “) 740 ILCS 160/11 (West 2006). The only question here, then, is whether there is a clear inconsistency between the two laws so that both cannot be carried into effect.”
Gierum v. Glick (In re Glick), 568 B.R. 634 (Bankr. N.D. Ill. 2017). “” 740 ILCS 160/11 (2014). The difficulty in relying on section 11 as a basis for applying aiding and abetting liability principles is that another section of the IUFTA has displaced them.”
In the Matter Of: Lewis C. Leonard Debtor. Appeal Of: Robert Barker & Theodore Lieblich, 125 F.3d 543 (7th Cir. 1997). “They insist that the equitable lien cases are part of the common law of Illinois, which still supplements the UFTA, 740 ILCS 160/11, and observe that the Trustee could not find an Illinois case overruling Rappleye and its successors.”
Levy v. Markal Sales Corp., 724 N.E.2d 1008 (Ill. App. Ct. 2000). “” 740 ILCS 160/11 (West 1996). With the passage of the Act, however, a creditor is no longer required to secure a judgment before seeking relief from a fraudulent transfer.”
Nw. Mem'l Hosp. v. Sharif, 2014 IL App (1st) 133008 (Ill. App. Ct. 2015). “” 740 ILCS 160/11 (West 2008); Rush University Medical Center, 2012 IL 112906, ¶ 18 .”
Nw. Mem'l Hosp. v. Sharif, 2014 IL App (1st) 133008 (Ill. App. Ct. 2014). “" 740 ILCS 160/11 (West 2008); Rush University Medical Center, 2012 IL 112906, ¶ 18 .”
AL-Taie v. CBS Corp., 372 F. Supp. 3d 454 (N.D. Tex. 2019). “2d 45 (citing 740 ILCS 160/11). CBS has failed to show that there is an "irreconcilable repugnancy" between Sections 5 or 6 of the Fraudulent Transfer Act and the common law rule described in Reilly .”
West Michigan Debt Collection, Inc. v. Weber, Jr. (N.D. Ill. 2018). “Plaintiff’s argument goes most directly to Count V. While the IUFTA does not specifically provide for civil conspiracy or aiding and abetting causes of action, these claims may supplement claims under IUFTA.”
D.A.N. Jt. Venture III, L.P. v. Touris (N.D. Ill. 2020). “’ 740 ILCS 160/11 (2014). The difficulty in relying on section 11 as a basis for applying aiding and abetting liability principles is that another section of the IUFTA has displaced them.”
Nw. Mem'l Hosp. v. Sharif, 2014 IL App (1st) 133008 (Ill. App. Ct. 2014). “" 740 ILCS 160/11 (West 2008); Rush University Medical Center, 2012 IL 112906, ¶ 18 .”
Levy v. Markal Sales Corp. (Ill. App. Ct. 2000). “" 740 ILCS 160/11 (West 1996). Levy argues the Act supplemented, rather than displaced, the judgment requirement under preexisting law.”
In re Leonard, 124 F.3d 543 (7th Cir. 1997). “They insist that the equitable lien cases are part of the common law of Illinois, which still supplements the UFTA, 740 ILCS 160/11, and observe that the Trustee could not find an Illinois case overruling Rappleye and its successors.”
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