Illinois Compiled Statutes > 745 ILCS 43 – Illinois Commonsense Consumption Act
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§ 745 ILCS 43/1 | Short title |
§ 745 ILCS 43/5 | Definitions |
§ 745 ILCS 43/10 | Limited liability |
§ 745 ILCS 43/15 | Exceptions |
§ 745 ILCS 43/20 | Dismissal of pending actions |
Terms Used In Illinois Compiled Statutes > 745 ILCS 43 - Illinois Commonsense Consumption Act
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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.
- Trustee: A person or institution holding and administering property in trust.