Illinois Statute For Theft

State:
Illinois
Control #:
IL-P010
Format:
Word; 
Rich Text
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Description

The Illinois statute for theft outlines legal frameworks governing the theft of property in the state, emphasizing that theft constitutes the unlawful taking of someone else's property with the intent to permanently deprive the owner of it. This form includes specific categories of powers that an agent may be granted concerning property transactions, such as real estate and financial transactions. Users are guided to revoke any prior powers of attorney to ensure clarity in representation. It is crucial for users to clearly mark the powers they want to grant or withhold, to prevent any unwanted authority being bestowed upon the agent. Filling out the form requires care, particularly in specifying limitations or additional powers for the agent. The document is intended for a diverse audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, aiding them in establishing clear agency relationships and ensuring that property transactions are conducted in the principal's best interest. Additionally, the form requires signatures from witnesses and notarization to validate its legal standing in Illinois, adding to its reliability as a legal document. Overall, this power of attorney serves as a crucial tool for individuals looking to manage their property while ensuring their legal rights are protected.
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  • Preview Statutory General Power of Attorney with Durable Provisions - Short Form Power of Attorney for Property
  • Preview Statutory General Power of Attorney with Durable Provisions - Short Form Power of Attorney for Property
  • Preview Statutory General Power of Attorney with Durable Provisions - Short Form Power of Attorney for Property
  • Preview Statutory General Power of Attorney with Durable Provisions - Short Form Power of Attorney for Property
  • Preview Statutory General Power of Attorney with Durable Provisions - Short Form Power of Attorney for Property
  • Preview Statutory General Power of Attorney with Durable Provisions - Short Form Power of Attorney for Property

How to fill out Illinois Statutory General Power Of Attorney With Durable Provisions - Short Form Power Of Attorney For Property?

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FAQ

If the stolen property values more than $500 total, you may face felony charges. Specifically, Illinois law outlines the statute of limitations will be 18 months, three years, or seven years depending on the exact value of property stolen, as well as other circumstances surrounding the crime.

(1) Theft of property not from the person and not exceeding $500 in value is a Class A misdemeanor. (1.1) Theft of property not from the person and not exceeding $500 in value is a Class 4 felony if the theft was committed in a school or place of worship or if the theft was of governmental property.

In Illinois, the general statute of limitations for misdemeanors is 18 months, while the generic limitations period for felonies is three years.

Section 720 ILCS 5/16-25.1 - Organized retail crime (a) An individual is guilty of organized retail crime when that individual, in concert with another individual or any group of individuals, knowingly commits the act of retail theft from one or more retail mercantile establishments, and in the course of or in ...

Last year, Illinois governor JB Pritzker signed a bill addressing organized retail theft and instituting stiffer penalties for individuals convicted of organized retail theft. This legislation went into effect January 1, 2023.

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Illinois Statute For Theft