No Board member or employee of the Authority shall (i) be a principal stockholder or (ii) otherwise have any financial interest, direct or indirect, in any licensee subject to the provisions of this subtitle or in any entity that has submitted an application for a license under Chapter 8 (§ 4.1-800 et seq.). No Board member and no spouse or immediate family member of a Board member shall make any contribution to a candidate for office or officeholder at the local or state level or cause such a contribution to be made on his behalf.
2021, Sp. Sess. I, cc. 550, 551.
Structure Code of Virginia
Title 4.1 - Alcoholic Beverage and Cannabis Control
Chapter 6 - General Provisions
§ 4.1-601. Virginia Cannabis Control Authority created; public purpose
§ 4.1-602. Virginia Cannabis Control Authority; composition
§ 4.1-604. Powers and duties of the Board
§ 4.1-605. Additional powers; mediation; alternative dispute resolution; confidentiality
§ 4.1-606. Regulations of the Board
§ 4.1-607. Board membership; terms; compensation
§ 4.1-609. Background investigations of Board members and Chief Executive Officer
§ 4.1-610. Financial interests of Board, employees, and family members prohibited
§ 4.1-611. Seed-to-sale tracking system
§ 4.1-612. Moneys of Authority
§ 4.1-613. Forms of accounts and records; audit; annual report
§ 4.1-614. Disposition of moneys collected by the Board
§ 4.1-615. Leases and purchases of property by the Board
§ 4.1-616. Exemptions from taxes or assessments
§ 4.1-618. Reversion to the Commonwealth
§ 4.1-620. Reports and accounting systems of Board; auditing books and records
§ 4.1-621. Certain information not to be made public
§ 4.1-622. Criminal history records check required on certain employees; reimbursement of costs
§ 4.1-623. Employees of the Authority
§ 4.1-624. Police power of members, agents, and employees of Board
§ 4.1-625. Liability of Board members; suits by and against Board
§ 4.1-626. Counsel for members, agents, and employees of Board
§ 4.1-627. Hearings; representation by counsel