Terms Used In Illinois Compiled Statutes 755 ILCS 5/21-2.03

  • 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.
  • United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
     Obligations of any corporation wholly owned, directly or indirectly, by the United States or any agency or instrumentality of the United States.