Illinois Compiled Statutes 410 ILCS 647/15 – Definitions
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As used in this Act:
“Person” means any natural person, corporation, partnership, firm, organization, association, or other legal entity.
“Powdered pure caffeine” means any product composed purely of caffeine in a loose powdered form.
“Person” means any natural person, corporation, partnership, firm, organization, association, or other legal entity.
Terms Used In Illinois Compiled Statutes 410 ILCS 647/15
- 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.
- 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.
“Powdered pure caffeine” means any product composed purely of caffeine in a loose powdered form.