(70 ILCS 1855/19) (from Ch. 19, par. 469)
Sec. 19.
Except as otherwise provided in this Act, it shall be unlawful for
any member, officer, employee or other appointee of the Board and District
or for the husband, wife or minor child thereof to have, acquire, obtain or
hold any contract, work or business of the District, whether for
stationery, printing, paper, services, material or supplies, or any private
financial interest in the sale or lease of property to or from the
District. It shall also be unlawful for any firm, partnership, association
or corporation from which any such person shall be entitled, by contract,
stock ownership or otherwise, to receive more than 7 1/2% of the total
distributable net income thereof to have, acquire, obtain or hold any such
contract, work or business or any such private financial interest. It shall
also be unlawful for any firm, partnership, association or corporation from
which any such person, together with his or her wife or husband or minor
child or children, or any of them, shall by contract, stock ownership or
otherwise be entitled to receive, in the aggregate, more than 15% of the
total distributable income thereof to have, acquire, obtain or hold any
such contract, work or business or any such private financial interest. Any
person, firm, partnership, association or corporation which violates the
provisions of this Section shall forfeit any and all sums paid or to be
paid to him or it or her by the District under any such contract, sale or
lease and also, if found guilty of such violation, shall be guilty of a
business offense and shall be fined not to exceed $2,500.
(Source: P.A. 77-2337.)
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