Illinois Compiled Statutes 20 ILCS 745/1-1 – Short title
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Terms Used In Illinois Compiled Statutes 20 ILCS 745/1-1
- 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.
This Act may be cited as the Industrial Biotech Partnership Act.