Affiliate

210 ILCS 47/1-106
in effect
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(210 ILCS 47/1-106) Sec. 1-106. Affiliate. "Affiliate" means: (1) With respect to a partnership, each partner thereof. (2) With respect to a corporation, each officer, director and stockholder thereof. (3) With respect to a natural person: any person related in the first degree of kinship to that person; each partnership and each partner thereof of which that person or any affiliate of that person is a partner; and each corporation in which that person or any affiliate of that person is an officer, director or stockholder. (Source: P.A. 96-339, eff. 7-1-10.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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