When used in this Act:
     The term “Commission” means the Illinois Commerce Commission.

Terms Used In Illinois Compiled Statutes 240 ILCS 10/2

  • 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.
  • Heretofore: means any time previous to the day on which the statute takes effect; and the word "hereafter" at any time after such day. See Illinois Compiled Statutes 5 ILCS 70/1.17
  • individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
  • 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.
  • Personal property: All property that is not real property.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

     The term “warehouse” means any room, house, structure, building, place, yard or protected enclosure where personal property belonging to another is stored for a compensation.
     The term “personal property” means all goods, wares, household goods, furniture, merchandise, or any other tangible personal property, of whatever kind, except that “grain” as defined in “The Public Grain Warehouse and Warehouse Receipts Act” is not included.
     The term “operator”, “warehouseman”, or “personal property warehouseman” means any person, firm, partnership, association, or corporation owning, controlling, operating, managing or leasing any room, house, structure, building, place, yard or protected enclosure in or on which personal property is stored for a compensation within this State.
     The term “person” means any individual, firm, partnership, association or corporation.
     The term “depositor” means any person, who, for himself or another, delivers or causes to be delivered for storage any personal property in and to a warehouse.
     The term “for a compensation” means direct or indirect charge for storage.
     The term “lot” means the unit or units of property for which a separate account is kept by the warehouseman.
     The term “storage” means the safe keeping of personal property in a warehouse.
     The term “engaged in the business of storing personal property” means any person who holds himself out, by any means whatever, as accepting, or willing to accept, personal property for storage.
     The term “receipt” means a warehouse receipt issued in conformity with the “Uniform Commercial Code”, as heretofore and hereafter amended.
     The term “warehouse representative” or “warehouse broker” means any person who, independently and not as a salaried agent of a duly licensed warehouseman, for a consideration, solicits, sells or otherwise attempts to procure deposits of personal property in personal property warehouses.