(a) The Cave in Rock Township Civic Center Authority is created as a political subdivision, body politic, and municipal corporation in the metropolitan area.
     (b) The principal office of the Authority shall be in Cave in Rock Township.

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Terms Used In Illinois Compiled Statutes 70 ILCS 200/45-10

  • 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.