Illinois Compiled Statutes > 45 ILCS 155 – Midwestern Higher Education Compact Act
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Terms Used In Illinois Compiled Statutes > 45 ILCS 155 - Midwestern Higher Education Compact Act
- Chambers: A judge's office.
- Continuance: Putting off of a hearing ot trial until a later time.
- Counterclaim: A claim that a defendant makes against a plaintiff.
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Quorum: The number of legislators that must be present to do business.
- 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.