(725 ILCS 5/124B-110) Sec. 124B-110. Definition; "owner". In this Article, "owner" means a person with an ownership interest in the specific property sought to be forfeited, including a leasehold, lien, mortgage, recorded security interest, or valid assignment of an ownership interest. "Owner" does not include any of the following: (1) A person with only a general unsecured interest |
| in, or claim against, the property or estate of another.
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(2) A bailee, unless the bailor is identified and the
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| bailee shows a colorable legitimate interest in the property seized.
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(3) A nominee who exercises no dominion or control
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(Source: P.A. 96-712, eff. 1-1-10.)
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