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Illinois Compiled Statutes

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Information maintained by the Legislative Reference Bureau
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

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725 ILCS 5/124B-110

    (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.
        (2) A bailee, unless the bailor is identified and the
    
bailee shows a colorable legitimate interest in the property seized.
        (3) A nominee who exercises no dominion or control
    
over the property.
(Source: P.A. 96-712, eff. 1-1-10.)