Terms Used In Illinois Compiled Statutes 70 ILCS 2805/14.2

  • 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
  • Statute: A law passed by a legislature.
     It is the policy of this State that all powers granted, either expressly or by necessary implication, by this Act or any other Illinois statute to the district may be exercised by the district notwithstanding effects on competition. It is the intention of the General Assembly that the “state action exemption” to the application of federal antitrust statutes be fully available to the district to the extent its activities are authorized by law as stated herein.