(210 ILCS 47/1-106)
Sec. 1-106. Affiliate. "Affiliate" means:
(1) With respect to a partnership, each partner
thereof.
(2) With respect to a corporation, each officer,
director and stockholder thereof.
(3) With respect to a natural person: any person
related in the first degree of kinship to that person; each partnership and each partner thereof of which that person or any affiliate of that person is a partner; and each corporation in which that person or any affiliate of that person is an officer, director or stockholder.
(Source: P.A. 96-339, eff. 7-1-10.)
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Last modified: February 18, 2015