Illinois Compiled Statutes

810 ILCS 5/3-102 (2026)

Subject matter

✓ current as of May 2026
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(810 ILCS 5/3-102) (from Ch. 26, par. 3-102)
    Sec. 3-102. Subject matter.
    (a) This Article applies to negotiable instruments. It does not apply to money, to payment orders governed by Article 4A, or to securities governed by Article 8.
    (b) If there is conflict between this Article and Article 4 or 9, Articles 4 and 9 govern.
    (c) Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this Article to the extent of the inconsistency.
(Source: P.A. 87-582; 87-1135.)

    
Notes of Decisions
Cited in 1 case, 2020–2020 · leading case: Whitaker v. Wedbush Sec., Inc., 2020 IL 124792 (Ill. 2020).
Whitaker v. Wedbush Sec., Inc., 2020 IL 124792 (Ill. 2020). “See 810 ILCS 5/3-102 (West 2014). Article 4 defines the rights of parties with respect to bank deposits and collections.”
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