Illinois Compiled Statutes 805 ILCS 5/1.01 – Short title
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Terms Used In Illinois Compiled Statutes 805 ILCS 5/1.01
- 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 shall be known and may be cited as the “Business Corporation Act of 1983″.