Illinois Compiled Statutes > 65 ILCS 5 > Article 11 > Art 11 prec Div 30 > Division 34 – Steam Boiler Inspection and Operator Licensing
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§ 65 ILCS 5/11-34-1 | The corporate authorities of each municipality may: … |
Terms Used In Illinois Compiled Statutes > 65 ILCS 5 > Article 11 > Art 11 prec Div 30 > Division 34 - Steam Boiler Inspection and Operator Licensing
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.