§ 1 This Act may be cited as the Illinois Blacklist Trade Law
§ 2 Unless the context clearly requires otherwise, the following terms …
§ 3 No financial institution, governmental agency, or shipping company …
§ 4 No financial institution shall accept any letter of credit or any …
§ 5 No contract or other agreement entered into or sought to be enforced …
§ 6 If any provision of this Act or the application thereof to any person …

Terms Used In Illinois Compiled Statutes > 775 ILCS 15 - Illinois Blacklist Trade Law

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.