225 ILCS 454/10-40

Current through Public Act 103-1052
Section 225 ILCS 454/10-40 - [Section Scheduled to be Repealed 1/1/2030] Company Policy

Every brokerage company or entity, other than a sole proprietorship with no other sponsored licensees, shall adopt a company or office policy dealing with topics such as:

(1) the agency policy of the entity;
(2) fair housing, nondiscrimination and harassment;
(3) confidentiality of client information;
(4) advertising;
(5) training and supervision of sponsored licensees;
(6) required disclosures and use of forms;
(7) handling of risk management matters; and
(8) handling of earnest money and escrows.

These topics are provided as an example and are not intended to be inclusive or exclusive of other topics.

225 ILCS 454/10-40

Added by P.A. 096-0856,§ 20, eff. 12/31/2009.