Illinois Code § 810 ILCS 5/2A-302

Title to and possession of goods.
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Sec. 2A-302. 

Title to and possession of goods. 

Except as otherwise provided in this Article, each provision
of this Article applies whether the lessor or a third party has
title to the goods, and whether the lessor, the lessee, or a third
party has possession of the goods, notwithstanding any statute
or rule of law that possession or the absence of possession is
fraudulent.

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