Illinois Compiled Statutes > 430 ILCS 25 – Natural Gas Odor Injection Act
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes > 430 ILCS 25 - Natural Gas Odor Injection 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.
- individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- 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.
- Petty offense: A federal misdemeanor punishable by six months or less in prison. Source: U.S. Courts
- Trustee: A person or institution holding and administering property in trust.