Illinois Statutes

§ 2-13 — Employment of persons with convictions

Illinois·Topic REGULATION·Ch. 205 FINANCIAL REGULATION·Act 205 ILCS 620/ Corporate Fiduciary Act.·Art. Article II - Certificate of Authority and Organization
Except with the prior written consent of the Commissioner, no person having a certificate of authority under this Act shall knowingly employ or otherwise permit an individual to serve as an officer, director, employee, or agent if the individual has been convicted of a felony or of any criminal offense relating to dishonesty or breach of trust.

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Legislative History

(Source: P.A. 90-301, eff. 8-1-97; 90-655, eff. 7-30-98.)

Nearby Sections

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