Illinois Statutes
§ 124B-1040 — Distribution of property from sale of proceeds
Illinois § 124B-1040
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 725CRIMINAL PROCEDURE
Act 725 ILCS 5/Code of Criminal Procedure of 1963.
Art.Article 124B - Forfeiture
This text of Illinois § 124B-1040 (Distribution of property from sale of proceeds) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
725 Ill. Comp. Stat. 124B-1040 (2026).
Text
The proceeds of any sale of property, after payment of all liens and deduction of the reasonable charges and expenses incurred by the investigating law enforcement agency in storing and selling the property, shall be paid into the general fund of the level of government responsible for the operation of the investigating law enforcement agency.
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Legislative History
(Source: P.A. 97-1109, eff. 1-1-13.)
Nearby Sections
15
§ 124B-10
§ 124B-10§ 124B-100
§ 124B-100§ 124B-1000
Persons and property subject to forfeiture§ 124B-1010
Seizure§ 124B-1020
Exception to forfeiture§ 124B-1030
(Repealed)§ 124B-1045
Definition§ 124B-105
Definition; "conveyance"§ 124B-110
Definition; "owner"§ 124B-115
Definition; "person"§ 124B-120
Definition; "property"§ 124B-125
Real property exempt from forfeiture§ 124B-130
Personal property exempt from forfeitureCite This Page — Counsel Stack
Bluebook (online)
Illinois § 124B-1040, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/725/124B-1040.