Illinois Compiled Statutes 220 ILCS 5/3-113 – “Corporation” includes any corporation, company, limited liability …
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Terms Used In Illinois Compiled Statutes 220 ILCS 5/3-113
- 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.
“Corporation” includes any corporation, company, limited liability company, association, joint stock company or association, but not municipal corporations.