Illinois Compiled Statutes 20 ILCS 745/1-40 – Partnership dissolved
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes 20 ILCS 745/1-40
- 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.
The Partnership is dissolved on December 31, 2025.