Terms Used In Illinois Compiled Statutes 20 ILCS 2505/2505-300

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
     The Department has the power to request the institution of proceedings, actions, and prosecutions to enforce the laws relating to the penalties, liabilities, and punishment of public officers, persons or officers or agents or corporations for failure or neglect to comply with the provisions of any law administered by the Department.