Illinois Compiled Statutes 70 ILCS 200/2-5 – Definitions
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In this Article:
“Authority” means the Authority as defined in the Article creating the Authority, except that in the case of provisions incorporated by reference into Article 25, in the context of that incorporation by reference “Authority” means the Committee as defined in Article 25.
“Governmental agency” means the federal government, the State, any unit of local government or school district, and any agency or instrumentality thereof.
“Person” means any individual, firm, partnership, corporation, company, association or joint stock association; and includes any trustee, receiver, assignee or personal representative thereof.
“Board” means the governing and administrative body of the Authority as defined in the Article creating the Authority, except that in the case of provisions incorporated by reference into Article 25, in the context of that incorporation by reference “Board” means the Committee as defined in Article 25.
“Metropolitan area”, for an Authority created under this Act, means the metropolitan area for the Authority as defined in the Article creating the Authority.
“Authority” means the Authority as defined in the Article creating the Authority, except that in the case of provisions incorporated by reference into Article 25, in the context of that incorporation by reference “Authority” means the Committee as defined in Article 25.
Terms Used In Illinois Compiled Statutes 70 ILCS 200/2-5
- 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
- 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.
- 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
- Trustee: A person or institution holding and administering property in trust.
“Governmental agency” means the federal government, the State, any unit of local government or school district, and any agency or instrumentality thereof.
“Person” means any individual, firm, partnership, corporation, company, association or joint stock association; and includes any trustee, receiver, assignee or personal representative thereof.
“Board” means the governing and administrative body of the Authority as defined in the Article creating the Authority, except that in the case of provisions incorporated by reference into Article 25, in the context of that incorporation by reference “Board” means the Committee as defined in Article 25.
“Metropolitan area”, for an Authority created under this Act, means the metropolitan area for the Authority as defined in the Article creating the Authority.