§ 205 ILCS 205/3001 Application for permit to organize
§ 205 ILCS 205/3002 Contents of application for permit to organize
§ 205 ILCS 205/3003 Contents of articles of incorporation
§ 205 ILCS 205/3004 Contents of bylaws
§ 205 ILCS 205/3005 Permit to organize
§ 205 ILCS 205/3006 Temporary organization and capital subscriptions
§ 205 ILCS 205/3007 Completion of organization
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Terms Used In Illinois Compiled Statutes > 205 ILCS 205 > Article 3 - Incorporation And Organization

  • Appraisal: A determination of property value.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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.
  • Quorum: The number of legislators that must be present to do business.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.