(20 ILCS 700/4002) (from Ch. 127, par. 3704-2)
Sec. 4002.
Confidentiality.
Any documentary materials or data made or
received by any member, agent or employee of the Department, consisting of
trade secrets, commercial or financial information regarding the operation of
any enterprise conducted by an applicant applying for funding under this
Act, or regarding the competitive position of such enterprise in a
particular field of endeavor, shall be deemed to be confidential and shall
not be deemed public records; provided, however, that if the Department
purchases a qualified security from such enterprise, the commercial and
financial information, excluding trade secrets, shall be deemed to become a
public record of the Department after expiration of 3 years from the date
of purchase of the qualified security to the extent that the information is
available to the holder of the qualified security. Information deemed
confidential under the provisions of this Section shall be exempt from
inspection or reproduction as provided under subsection (g) of Section 7 of The Freedom of
Information Act.
(Source: P.A. 86-870.)
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