(30 ILCS 561/10)
Sec. 10.
Beneficial interests.
Each holder of any beneficial interest in
the land, including without limitation beneficial interests in a land trust,
must be disclosed, including both individuals and other entities. If any
beneficial interest is held by an entity, other than an entity whose shares are
publicly traded, and not by an individual, then all the holders of any
beneficial interest in that entity must be disclosed. This requirement
continues at each level of holders of beneficial interests until all beneficial
interests of all individuals in all entities, other than entities whose shares
are publicly traded, have been disclosed.
(Source: P.A. 92-294, eff. 8-9-01.)
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