Illinois Compiled Statutes 225 ILCS 115/22 – Nothing in this Act shall restrict registrants from forming …
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Terms Used In Illinois Compiled Statutes 225 ILCS 115/22
- 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.
Nothing in this Act shall restrict registrants from forming professional service corporations under the provisions of “The Professional Service Corporation Act”, approved September 15, 1969, as amended.