Sec. 5. Protections under Federal law
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/bill/117/s/4622/is/section-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With respect to providing advertising service to a cannabis-related legitimate business (where the cannabis-related legitimate business operates within a State, a political subdivision of a State, or Indian country in which the cultivation, production, manufacture, sale, transportation, display, dispensing, distribution, or purchase of cannabis is allowed pursuant to a law or regulation of the State, the political subdivision, or the Indian Tribe with jurisdiction over the Indian country, respectively) or a service provider (wherever located), a radio or television station licensed to a community within a State, a political subdivision of a State, or Indian country in which the activities of the cannabis-related legitimate business promoted in the advertising service are allowed, a depository institution, insurer, or other entity that provides a financial or other service to such a radio or television station providing advertising service to a cannabis-related legitimate business or service provider, and the officers, directors, and employees of such radio or television station, depository institution, insurer, or other entity may not be held liable pursuant to any Federal law or regulation, including subsection
(b)or
(c)of section 403 of the Controlled Substances Act ( 21 U.S.C. 843 )— solely for providing such advertising service or related financial or other service; or for further investing any income derived from such advertising service or related financial or other service.
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Sec. 5
Protections under Federal law
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