§ 605 ILCS 5/1-101 This Act shall be known and may be cited as the Illinois Highway …
§ 605 ILCS 5/1-102 It is the intent and declared policy of the legislature that an …
§ 605 ILCS 5/1-103 This Code applies to all public highways in the State of Illinois, …

Terms Used In Illinois Compiled Statutes > 605 ILCS 5 > Article 1 - Short Title, Legislative Intent And Application Of Code

  • 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.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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