Illinois Compiled Statutes > 625 ILCS 5 > Chapter 10 > Article I – Liability Of Counties, Municipalities And Other Public Corporations
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| § 625 ILCS 5/10-101 | Insurance |
Terms Used In Illinois Compiled Statutes > 625 ILCS 5 > Chapter 10 > Article I - Liability Of Counties, Municipalities And Other Public Corporations
- 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.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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