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5 ILCS 420/1-105

"Economic opportunity" means any purchase, sale, lease, contract, option, or other transaction or arrangement involving property or services wherein a legislator may gain an economic benefit

Known as the Illinois Governmental Ethics Act

The act spans §§ 5-420-1-101 to 5-420-1-121 (29 sections).

Laws 1967, p. 3401.

The term shall not include gifts.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.