Illinois Firearm Possession Laws: Can You Possess a Registered Handgun?

Question
Hi Doug,

I live in Illinois and have a valid FOID card.  My question is:  Can I legally have in my possession a handgun registered in another person's name?  If I don't currently own a gun, but am legally entitled to have one via FOID, are there any rules to me borrowing a handgun from somebody who also legally owns/registered their weapon?  As far as I can tell, the state legislation places limitations on one's ability to purchase, not possess a firearm.  I appreciate the advise.

Thank you.

Answer
Colt,

The FOID card in Illinois is required to either possess or acquire a firearm.  If you do not have an FOID, you cannot legally possess a firearm in Illinois.  If you have an FOID, I don't see why you couldn't borrow your friend's firearm.

Best regards,

Doug