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Illinois Statutes Chapter 725. Criminal Procedure § 5/124B-110. Definition; “owner”

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 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.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 725. Criminal Procedure § 5/124B-110. Definition; “owner” - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-725-criminal-procedure/il-st-sect-725-5-124b-110/

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