Illinois Compiled Statutes > 805 ILCS 105 > Article 9 – Distributions
Current as of: 2020 |
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| § 109.10 | Distributions prior to dissolution |
Terms Used In Illinois Compiled Statutes > 805 ILCS 105 > Article 9
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.