Illinois Compiled Statutes 205 ILCS 620 Corporate Fiduciary Act. Section 2-13

    (205 ILCS 620/2-13)

    Sec. 2-13. Employment of persons with convictions. 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.

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

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Last modified: February 18, 2015