Illinois Compiled Statutes > 805 ILCS 145 – Fraternal Corporation Property and Borrowing Powers Act
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| § 805 ILCS 145/0.01 | Short title |
| § 805 ILCS 145/1 | In any case where any fraternal or benevolent society or association … |
Terms Used In Illinois Compiled Statutes > 805 ILCS 145 - Fraternal Corporation Property and Borrowing Powers Act
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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
- Personal property: All property that is not real property.
- 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