Illinois Compiled Statutes 225 ILCS 456 Real Estate Regulation Transfer Act. Section 15

    (225 ILCS 456/15)

    Sec. 15. Transfer of appropriations. Appropriations to the Department of Professional Regulation from the Real Estate License Administration Fund and the Real Estate Appraisal Administration Fund for State fiscal year 1996 for the purpose of administering and enforcing the Real Estate License Act of 1983, the Land Sales Registration Act of 1989, and the Illinois Real Estate Time-Share Act shall be transferred to the Office of the Commissioner of Savings, Real Estate Professions, and Mortgage Finance to be used to conduct those same activities for that fiscal year.

    The other provisions of this Section are superseded by the applicable transfer provisions of the Division of Banking Act.

(Source: P.A. 96-1365, eff. 7-28-10.)

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Last modified: February 18, 2015