§ 20 ILCS 700/2001 Technology Challenge Grant Program
§ 20 ILCS 700/2002 Grant purposes
§ 20 ILCS 700/2003 Grant evaluation and amounts

Terms Used In Illinois Compiled Statutes > 20 ILCS 700 > Article 2 - Technology Challenge Grant Program

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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
  • Venue: The geographical location in which a case is tried.