Illinois Compiled Statutes 225 ILCS 454 Real Estate License Act of 2000. Section 15-40

    (225 ILCS 454/15-40)

    (Section scheduled to be repealed on January 1, 2020)

    Sec. 15-40. Compensation does not determine agency. Compensation does not determine agency relationship. The payment or promise of payment of compensation to a licensee is not determinative of whether an agency relationship has been created between any licensee and a consumer.

(Source: P.A. 91-245, eff. 12-31-99.)

Sections:  Previous  15-5  15-10  15-15  15-20  15-25  15-30  15-35  15-40  15-45  15-50  15-55  15-60  15-65  15-70  15-75  Next

Last modified: February 18, 2015