Illinois Compiled Statutes 805 ILCS 15/15 – Each individual shareholder, director, officer, agent, or employee …
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Terms Used In Illinois Compiled Statutes 805 ILCS 15/15
- 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
Each individual shareholder, director, officer, agent, or employee licensed pursuant to the Medical Practice Act of 1987 who is employed by a corporation subject to this Act shall remain subject to discipline for his conduct under the provisions of the Medical Practice Act of 1987.