725 ILCS 5/124B-110

Current through Public Act 103-1052

Section 725 ILCS 5/124B-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.

725 ILCS 5/124B-110

Added by P.A. 096-0712,§ 15, eff. 1/1/2010.