For the purposes of this Act:
     “Person” means any individual, firm, corporation, association, trust or other association of individuals.

Terms Used In Illinois Compiled Statutes 240 ILCS 5/1

  • 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.
  • 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
  • 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

     “Director” means the Director of the Department of Financial Institutions of the State of Illinois.