Illinois Compiled Statutes 315 ILCS 20/1 – Title of Act
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Terms Used In Illinois Compiled Statutes 315 ILCS 20/1
- 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.
This Act may be cited as the Neighborhood Redevelopment Corporation Law.