Illinois Compiled Statutes 225 ILCS 454 Real Estate License Act of 2000. Section 20-115

    (225 ILCS 454/20-115)

    (Section scheduled to be repealed on January 1, 2020)

    Sec. 20-115. Time limit on action. No action may be taken by the Department against any person for violation of the terms of this Act or its rules unless the action is commenced within 5 years after the occurrence of the alleged violation. This limitation shall not apply where it is alleged that an initial application for licensure under this Act contains false or misleading information.

(Source: P.A. 96-856, eff. 12-31-09; 97-1002, eff. 8-17-12.)

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Last modified: February 18, 2015