225 ILCS 454/10-40

(225 ILCS 454/10-40)

(Section scheduled to be repealed on January 1, 2030)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.

(Source: P.A. 96-856, eff. 12-31-09.)