Illinois Compiled Statutes 225 ILCS 454 Real Estate License Act of 2000. Section 15-55

    (225 ILCS 454/15-55)

    (Section scheduled to be repealed on January 1, 2020)

    Sec. 15-55. No subagency. A broker is not considered to be a subagent of a client of another broker solely by reason of membership or other affiliation by the brokers in a multiple listing service or other similar information source, and an offer of subagency may not be made through a multiple listing service or other similar information source.

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

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Last modified: February 18, 2015