(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.)
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Last modified: February 18, 2015