§ 45 ILCS 78/1 Short title and statement of agreement
§ 45 ILCS 78/5 Statement of purpose
§ 45 ILCS 78/10 Establishment of Commission
§ 45 ILCS 78/15 Commission membership
§ 45 ILCS 78/20 Powers and duties of the Commission
§ 45 ILCS 78/25 Officers
§ 45 ILCS 78/30 Meetings and Commission administration
§ 45 ILCS 78/35 Finance
§ 45 ILCS 78/40 Enactment; effective date; amendments
§ 45 ILCS 78/45 Withdrawal; default; termination
§ 45 ILCS 78/50 Construction and severability
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Terms Used In Illinois Compiled Statutes > 45 ILCS 78 - Midwest Interstate Passenger Rail Compact Act

  • Annual percentage rate: The cost of credit at a yearly rate. It is calculated in a standard way, taking the average compound interest rate over the term of the loan so borrowers can compare loans. Lenders are required by law to disclose a card account's APR. Source: FDIC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Subpoena: A command to a witness to appear and give testimony.
  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC