725 ILCS 5/124B-140

Current through Public Act 103-1052
Section 725 ILCS 5/124B-140 - Court Order with Respect to Innocent Owner

If the court determines, in accordance with Sections 124B-125 through 124B-135, that an innocent owner has a partial interest in property otherwise subject to forfeiture, or a joint tenancy or tenancy by the entirety in that property, the court may enter an appropriate order doing any of the following:

(1) Severing and releasing the property.
(2) Transferring the property to the State with a provision that the State compensate the innocent owner to the extent of his or her ownership interest once a final order of forfeiture has been entered and the property has been reduced to liquid assets.
(3) Permitting the innocent owner to retain the property subject to a lien in favor of the State to the extent of the forfeitable interest in the property.

725 ILCS 5/124B-140

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