GroundRules
610 ILCS 5/21
Where this section sits in the code
- CHAPTER 610 RAILROADS
- Railroad Incorporation Act.
No such corporation shall issue any stock or bonds, except for money, labor or property actually received and applied to the purposes for which such corporation was organized. All stock dividends, and other fictitious increase of the capital stock or indebtedness of any such corporation, shall be void.
Collected 2026-09-15T04:46:39Z. Source file · JSON