Illinois Compiled Statutes > 30 ILCS 335 – General Obligation Bond Investment Act
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§ 30 ILCS 335/0.01 | Short title |
§ 30 ILCS 335/1 | Counties, cities, villages, incorporate towns, and other municipal … |
§ 30 ILCS 335/2 | Nothing in this Act shall be construed as relieving any officer, … |
Terms Used In Illinois Compiled Statutes > 30 ILCS 335 - General Obligation Bond Investment Act
- 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.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.