(Section scheduled to be repealed on January 1, 2030)
107 words·~1 min read·
/il/chapter-225/act-454/1-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(Section scheduled to be repealed on January 1, 2030)
Sec. 10-40. 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.