Section 225 ILCS 454/10-40 - [Section Scheduled to be Repealed 1/1/2030] Company Policy Every brokerage company or entity, other than a sole proprietorship with no other sponsored licensees, shall adopt a company or office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; (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.
Added by P.A. 096-0856,§ 20, eff. 12/31/2009.