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Terms Used In Illinois Compiled Statutes 30 ILCS 725/7.4

  • 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
     The funding and provision of solar energy systems shall be a valid service and purpose of a public energy supplier within its service area, as defined in § 3.17 of the Electric Supplier Act, except that no individual, corporation, institution or unit of government shall be barred from funding or providing a solar energy system within the service area of any public energy supplier. For the purpose of this Act, the term “service area” shall apply to gas suppliers.