Illinois Compiled Statutes 805 ILCS 105/117.05 – Specific repealer
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Terms Used In Illinois Compiled Statutes 805 ILCS 105/117.05
- 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.
The “General Not for Profit Corporation Act”, approved July 17, 1943, as amended, is repealed.