765 ILCS 50/2
(3) the term "foreign person" means:
(A) any individual:
(C) any person, other than an individual or a government--
(ii) in which, as determined by the Director under regulations which the Director shall prescribe, a significant interest or substantial control is directly or indirectly held:
(from Ch. 5, par. 602)
(Source: P.A. 81-187.)