Illinois Compiled Statutes 760 ILCS 100/22 – Nothing in this Act shall be construed to impair the obligation of …
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Terms Used In Illinois Compiled Statutes 760 ILCS 100/22
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Nothing in this Act shall be construed to impair the obligation of any existing contract.