§ 610 ILCS 50/0.01 Short title
§ 610 ILCS 50/1 All railroad companies incorporated under the laws of this state, …
§ 610 ILCS 50/1.1 This Act does not apply to railroads incorporated after July 1, 1985, …

Terms Used In Illinois Compiled Statutes > 610 ILCS 50 - Railroad Water Craft Act

  • 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.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • 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.