Illinois Compiled Statutes > 15 ILCS 330 – Secretary of State Buildings in Cook County Act
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Terms Used In Illinois Compiled Statutes > 15 ILCS 330 - Secretary of State Buildings in Cook County Act
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.