§ 745 ILCS 60/0.01 Short title
§ 745 ILCS 60/1 For the purposes of this Act “real estate investment trust” means an …
§ 745 ILCS 60/2 The shareholders or beneficiaries of a real estate investment trust …
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Terms Used In Illinois Compiled Statutes > 745 ILCS 60 - Real Estate Investment Trust Act

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Petty offense: A federal misdemeanor punishable by six months or less in prison. Source: U.S. Courts
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Subpoena: A command to a witness to appear and give testimony.
  • Testify: Answer questions in court.