Illinois Compiled Statutes > 805 ILCS 180 > Article 40 – Derivative Actions
Current as of: 2024 | Check for updates
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Other versions
| § 805 ILCS 180/40-1 | Right of action |
| § 805 ILCS 180/40-5 | Proper plaintiff |
| § 805 ILCS 180/40-10 | Pleading |
| § 805 ILCS 180/40-15 | Expenses |
Terms Used In Illinois Compiled Statutes > 805 ILCS 180 > Article 40 - Derivative Actions
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- 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
- United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14