Illinois Compiled Statutes > 55 ILCS 5 > Article 5 > Division 5-4 – Contracts For Heat And Electricity – Counties Over 500,000 Population
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| § 55 ILCS 5/5-4001 | Contracts with municipality |
Terms Used In Illinois Compiled Statutes > 55 ILCS 5 > Article 5 > Division 5-4 - Contracts For Heat And Electricity - Counties Over 500,000 Population
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- 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