Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Illinois Compiled Statutes 205 ILCS 205/1007.75

  • 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.
     “Insured savings bank” means a savings bank the accounts of which are insured wholly or in part by a deposit insurance corporation.