Illinois Code § 720 ILCS 5/24-3.8

Possession of a stolen firearm.
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(a) A person commits possession of a stolen firearm when he or she, not
being entitled to the possession of a firearm, possesses the
firearm, knowing it to have been stolen or converted. The trier of fact may infer that
a person who possesses a firearm with knowledge that its serial number has
been removed or altered has knowledge that the firearm is stolen or converted.

 
(b) Possession of a stolen firearm is a Class 2 felony.

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