TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VIII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS
PART 1450 REAL ESTATE LICENSE ACT OF 2000
SECTION 1450.160 DUAL LICENSURE
Section 1450.160 Dual Licensure
a) A licensee may not simultaneously hold licenses as a:
1) managing broker and leasing agent;
2) managing broker and broker; or
3) broker and leasing agent.
b) Upon the issuance of a new license, the prior license shall be cancelled.
(Source: Added at 40 Ill. Reg. 12588, effective September 2, 2016)