Illinois Compiled Statutes 20 ILCS 3115/2 – Nothing in this Act shall be construed as relieving any officer, …
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Terms Used In Illinois Compiled Statutes 20 ILCS 3115/2
- 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.
Nothing in this Act shall be construed as relieving any officer, person, firm or corporation from any duty of using reasonable care in selecting investments.