Illinois Statutes
§ 55-95 — Conflict of interest
Illinois·Topic HEALTH AND SAFETY·Ch. 410 PUBLIC HEALTH·Act 410 ILCS 705/ Cannabis Regulation and Tax Act.·Art. Article 55 - General Provisions
A person is ineligible to apply for, hold, or own financial or voting interest, other than a passive interest in a publicly traded company, in any cannabis business license under this Act if, within a 2-year period from the effective date of this Act, the person or his or her spouse or immediate family member was a member of the General Assembly or a State employee at an agency that regulates cannabis business establishment license holders who participated personally and substantially in the award of licenses under this Act. A person who violates this Section shall be guilty under subsection (b) of Section 50-5 of the State Officials and Employees Ethics Act.
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Legislative History
(Source: P.A. 101-27, eff. 6-25-19; 101-593, eff. 12-4-19.)
Nearby Sections
15
§ 55
§ 55§ 55-10
Maintenance of inventory§ 55-15
Destruction of cannabis§ 55-20
Advertising and promotions§ 55-25
Local ordinances§ 55-28
Restricted cannabis zones§ 55-30
Confidentiality§ 55-35
Administrative rulemaking§ 55-40
Enforcement§ 55-45
Administrative hearings§ 55-50
Petition for rehearing