Illinois § 124B-110 Definition; "owner"

Illinois Statutes

§ 124B-110 — Definition; "owner"

Illinois·Topic RIGHTS AND REMEDIES·Ch. 725 CRIMINAL PROCEDURE·Act 725 ILCS 5/ Code of Criminal Procedure of 1963.·Art. Article 124B - Forfeiture

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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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.

Illinois § 124B-110 (Definition; "owner") — published by Counsel Stack Legal Research, free access to 12M+ legal documents.