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Illinois Statutes Chapter 725. Criminal Procedure § 5/124B-140. Court order with respect to innocent owner

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

§ 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.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 725. Criminal Procedure § 5/124B-140. Court order with respect to innocent owner - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-725-criminal-procedure/il-st-sect-725-5-124b-140/

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