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<section article="gab" article_name="Alcoholic Beverages and Cannabis" number="36-1505" title_number="36" title_name="Medical and Adult-Use Cannabis" subtitle_number="15" subtitle_name="Banking and Insurance">
  <level label="a">
    <text>With respect to providing a financial service to a cannabis business or a service provider, a depository institution, entity performing a financial service for or in association with a depository institution, or insurer that provides a financial service to a cannabis business or service provider, and the officers, directors, and employees of that depository institution, entity, or insurer may not be held liable under any State law or regulation:</text>
    <level label="1">
      <text>solely for providing the financial service; or</text>
    </level>
    <level label="2">
      <text>for further investing any income derived from the financial service.</text>
    </level>
  </level>
  <level label="b">
    <text>An insurer that engages in the business of insurance with a cannabis business or service provider or that otherwise engages with a person in a transaction allowed under State law related to cannabis, and the officers, directors, and employees of that insurer may not be held liable under State law or regulation:</text>
    <level label="1">
      <text>solely for engaging in the business of insurance; or</text>
    </level>
    <level label="2">
      <text>for further investing any income derived from the business of insurance.</text>
    </level>
  </level>
  <level label="c">
    <text>A depository institution that has a legal interest in the collateral for a loan or another financial service provided to an owner, employee, or operator of a cannabis business or service provider, or to an owner or operator of real estate or equipment that is leased or sold to a cannabis business or service provider, may not be subject to criminal, civil, or administrative forfeiture of that legal interest under State law for providing the loan or other financial service.</text>
  </level>
</section>
