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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 1450.235 OTHERWISE DISCIPLINE
Section 1450.235 Otherwise Discipline
a) "Discipline" means a refusal to issue or renew a license, probation, suspension, or revocation of a license, censure, reprimand, fine, or any other sanction explicitly provided for in the Act.
b) In conjunction with any of the disciplines enumerated in the Act, the Division may impose "other discipline" in order to maintain the standards of professional conduct, the competency of a licensee, and the protection of the public, which may include:
1) Restricting a licensee's access to escrow funds;
2) Requiring the successful completion of any approved real estate course, including courses for those licensees who would otherwise not be required to complete continuing education pursuant to Section 5-70 of the Act; or
3) Requiring the licensee to provide any report, record or document regarding real estate activity the Division deems relevant and appropriate.
(Source: Amended at 30 Ill. Reg. 11075, effective June 8, 2006) |