Sec. 1-106. "Affiliate" means:.
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/il/chapter-210/act-45/1-106A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 1-106. "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.