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1		AN ACT concerning government.
2		Be it enacted by the People of the State of Illinois,
3		represented in the General Assembly:
4		Section 5. The Regulatory Sunset Act is amended by changing
5		Section 4.20 and by adding Section 4.30 as follows:
6		(5 ILCS 80/4.20)
7		Sec. 4.20. Acts repealed on January 1, 2010 and December
8		31, 2010.
9		(a) The following Acts are repealed on January 1, 2010:
10		The Auction License Act.
11		The Illinois Architecture Practice Act of 1989.
12		The Illinois Landscape Architecture Act of 1989.
13		The Illinois Professional Land Surveyor Act of 1989.
14		The Land Sales Registration Act of 1999.
15		The Orthotics, Prosthetics, and Pedorthics Practice
16		Act.
17		The Perfusionist Practice Act.
18		The Professional Engineering Practice Act of 1989.
19		The Real Estate License Act of 2000.
20		The Structural Engineering Practice Act of 1989.
21		(b) The following Act is repealed on December 31, 2010:
22		The Medical Practice Act of 1987.
23		(Source: P.A. 95-1018, eff. 12-18-08.)

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1		(5 ILCS 80/4.30 new)
2		Sec. 4.30. Act repealed on January 1, 2020. The following
3		Act is repealed on January 1, 2020:
4		The Land Sales Registration Act of 1999.
5		Section 10. The Land Sales Registration Act of 1999 is
6		amended by changing Sections 1-10, 1-15, 5-5, 5-10, 5-15, 5-20,
7		5-25, 10-15, 10-20, 10-30, 15-5, 15-10, 15-15, 15-20, 15-25,
8		15-30, 15-35, 15-40, 15-45, 15-50, 15-55, 15-60, 15-65, 15-70,
9		15-75, 20-5, 20-10, 20-15, 20-20, and 20-25 and by adding
10		Sections 5-23 and 15-7 as follows:
11		(765 ILCS 86/1-10)
12		(Section scheduled to be repealed on January 1, 2010)
13		Sec. 1-10. Definitions. In this Act, unless the context
14		otherwise requires:
15		"Blanket encumbrance" means a trust deed, mortgage,
16		mechanics lien, or any other lien or financial encumbrance
17		securing or evidencing money debt and affecting land to be
18		subdivided or affecting more than one lot or parcel of
19		subdivided land; or an agreement affecting more than one such
20		lot or parcel by which the subdivider holds the subdivision
21		under an option, contract to purchase, or trust agreement.
22		Taxes and assessments levied by public authority are not an
23		encumbrance under this Act.

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1		"Commissioner" means the Commissioner of Banks and Real
2		Estate or a natural person authorized by the Commissioner, the
3		Office of Banks and Real Estate Act, or this Act to act in the
4		Commissioner's stead.
5		"Common promotional plan" means a plan, undertaken by a
6		single developer or a group of developers acting in concert, to
7		offer lots for sale or lease. Where land is offered for sale by
8		a developer or group of developers acting in concert and the
9		land is contiguous or is known, designated, or advertised as a
10		common unit or by a common name, the land is presumed, without
11		regard to the number of lots covered by each individual
12		offering, to be offered for sale or lease as part of a common
13		promotional plan.
14		"Department" means the Illinois Department of Financial
15		and Professional Regulation.
16		"Offer" includes every inducement, solicitation, or
17		attempt to encourage a person to acquire an interest in a
18		subdivision or subdivided land, if undertaken for gain or
19		profit.
20		"Person" means an individual, corporation, government or
21		governmental subdivision or agency, business trust, estate,
22		trust, partnership, unincorporated association, 2 or more of
23		any of the foregoing having a joint or common interest, or any
24		other legal or commercial entity.
25		"Sale" includes a sale, lease, assignment, or award by
26		lottery, or any offer or solicitation of an offer to do any of

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1		the foregoing, concerning a subdivision or any part of a
2		subdivision, if undertaken for gain or profit.
3		"Secretary" means the Secretary of Financial and
4		Professional Regulation.
5		"Subdivided land" and "subdivision" mean improved or
6		unimproved lands located outside the State of Illinois, divided
7		or proposed to be divided into 25 or more lots or parcels, and
8		also include any land, whether contiguous or not, if 25 or more
9		lots, parcels, units or interests are offered as a part of a
10		common promotional plan of advertising and sale.
11		(Source: P.A. 91-338, eff. 12-30-99.)
12		(765 ILCS 86/1-15)
13		(Section scheduled to be repealed on January 1, 2010)
14		Sec. 1-15. Powers and duties of the Department Office of
15		Banks and Real Estate. The Department Office of Banks and Real
16		Estate shall exercise the powers and duties established by this
17		Act. The Secretary Commissioner may adopt rules consistent with
18		the provisions of this Act for its administration and
19		enforcement and may prescribe forms that shall be issued in
20		connection with this Act. The Department Office of Banks and
21		Real Estate shall issue a certificate of registration to any
22		person who meets the qualifications set forth in this Act.
23		(Source: P.A. 91-338, eff. 12-30-99.)
24		(765 ILCS 86/5-5)

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1		(Section scheduled to be repealed on January 1, 2010)
2		Sec. 5-5. Registration requirement; exemptions. It is
3		unlawful for any person to engage in the business of selling
4		land that is located outside the State of Illinois to any
5		individual located in Illinois without a certificate of
6		registration issued by the Department Office of Banks and Real
7		Estate pursuant to this Act. Unless the method of sale is
8		adopted for the purpose of evasion of this Act, the provisions
9		of this Act do not apply to an offer or disposition of an
10		interest in land:
11		(1) by a purchaser of subdivided lands for the
12		purchaser's own account in a single or isolated
13		transaction;
14		(2) if fewer than 25 separate lots, parcels, units or
15		interests in subdivided lands are offered by a person;
16		(3) on which there is a commercial or industrial
17		building, shopping center, house, apartment house,
18		condominium structure, or town house, or as to which there
19		is a legal obligation on the part of the seller to
20		construct such a building within 2 years from the date of
21		disposition;
22		(4) that is sold for industrial, commercial, or
23		institutional purposes;
24		(5) that consists of cemetery lots or interests;
25		(6) that consists of a subdivision as to which the plan
26		of sale is to dispose of it to 10 or fewer persons; or

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1		(7) in lots or parcels of 20 or more acres,
2		unconditionally, or of 10 or more acres if there is free
3		and ready access leading to county-maintained roads.
4		(Source: P.A. 91-338, eff. 12-30-99.)
5		(765 ILCS 86/5-10)
6		(Section scheduled to be repealed on January 1, 2010)
7		Sec. 5-10. Application for registration.
8		(a) Before subdivided lands are offered for sale, the
9		subdivider or the subdivider's agent shall file with the
10		Department Office of Banks and Real Estate an application on
11		forms supplied by the Department Office of Banks and Real
12		Estate. A registration fee shall accompany the application. The
13		application shall contain all of the following information:
14		(1) The name and address of the fee title owner of the
15		subdivided lands.
16		(2) The name and address of the subdivider.
17		(3) The name and address of an agent of the subdivider
18		in Illinois authorized to accept service of process on
19		behalf of the subdivider.
20		(4) The legal description and acreage of the lands,
21		together with a map showing the layout as recorded or
22		proposed and the relation of the lands to existing streets
23		or roads, waterways, schools, churches, shopping centers,
24		and local bus and rail transportation, with a statement of
25		distances to each.

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1		(5) A true statement as to title to the subdivided
2		land, including all financial encumbrances and unpaid
3		taxes thereon.
4		(6) If subject property is in a land trust, a true
5		statement of the names and addresses of all parties with a
6		beneficial interest in the trust.
7		(7) A true statement of the terms and conditions by
8		which it is intended the subdivided land will be sold,
9		together with copies of any and all forms of contract or
10		conveyance intended to be used. If a language other than
11		English was used in advertising the property or during the
12		sales presentation, translations, in that language, of the
13		Illinois Public Property Report, any contract or lien, and
14		any note shall be provided to the purchaser before the
15		purchaser executes the contract. A receipt for these
16		translations shall be obtained and a copy of the receipt
17		shall be kept available in this State and subject to
18		inspection by the Department Office of Banks and Real
19		Estate for 3 years from the date of the receipt.
20		(8) A true statement of provision for sewage disposal
21		and public utilities, if any, in the proposed or existing
22		subdivision, including water, electricity, gas, and
23		telephone facilities.
24		(9) A correct reference to applicable zoning
25		ordinances and regulations.
26		(10) Certified financial statements of the subdivider.

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1		(11) A proposed public property report, suitable for
2		distribution to any proposed purchaser if a certificate of
3		registration is issued, which shall contain the following
4		information:
5		(A) the name and principal address of the
6		subdivider;
7		(B) a general description of the subdivided lands,
8		stating the total number of lots, parcels, units, or
9		interests in the offering;
10		(C) the significant terms of any encumbrances,
11		easements, liens, and restrictions, including zoning
12		and other regulations affecting the subdivided lands
13		and each lot or unit, and a statement of all existing
14		taxes and existing or proposed special taxes or
15		assessments that affect the subdivided lands;
16		(D) a statement of the use for which the property
17		is offered;
18		(E) information concerning improvements, including
19		streets, water supply, levees, drainage control
20		systems, irrigation systems, sewage disposal
21		facilities, and customary utilities, and the estimated
22		costs, date of completion, and responsibility for
23		construction and maintenance of existing and proposed
24		improvements that are referred to in connection with
25		the offering or disposition of any interest in
26		subdivided lands;

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1		(F) a statement that certified financial
2		statements are available upon request; and
3		(G) such additional information consistent with
4		this Act which may be required by the Department Office
5		of Banks and Real Estate to assure full and fair
6		disclosure to prospective purchasers.
7		(b) The subdivider shall report all material changes with
8		respect to subdivided lands registered for sale under this Act,
9		and the Department Office of Banks and Real Estate may require
10		that the public property report be amended to reflect such
11		material change. In the event the subdivider wishes to update
12		the public property report, the subdivider may do so upon
13		proper application to the Department Office of Banks and Real
14		Estate.
15		(c) If the subdivider registers additional subdivided
16		lands to be offered for sale, the subdivider may consolidate
17		the subsequent registration with any earlier registration
18		offering subdivided lands for sale under the same promotional
19		plan, and the public property report shall be amended to
20		include the additional subdivided lands so registered.
21		(d) The Department Office of Banks and Real Estate shall,
22		at the time the application is submitted or from time to time
23		thereafter, require the subdivider to furnish financial
24		assurances, in the form of a performance bond, a surety bond,
25		or an irrevocable letter of credit in the amount and subject to
26		terms and requirements approved by the Department Office of

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1		Banks and Real Estate, for the purpose of protecting purchasers
2		of lots in the subdivision to ensure that the improvements will
3		be constructed and maintained in the manner represented by the
4		subdivider. The Department Office of Banks and Real Estate may
5		accept evidence that such assurances have been furnished to a
6		foreign state, or a county or municipality within such state,
7		in fulfillment of this requirement.
8		(Source: P.A. 91-338, eff. 12-30-99.)
9		(765 ILCS 86/5-15)
10		(Section scheduled to be repealed on January 1, 2010)
11		Sec. 5-15. Issuance Notice of filing; issuance of
12		certificate; exemption; renewal.
13		(a) The Department Upon receipt of the application for
14		registration in proper form, the Office of Banks and Real
15		Estate shall issue a notice of filing to the applicant. Within
16		60 days from the date of the notice of filing, the Office of
17		Banks and Real Estate shall enter an order registering the
18		subdivided lands or rejecting the registration. If no order of
19		rejection is entered within 60 days from the date of receipt
20		notice of filing, the land shall be deemed registered unless
21		the applicant has consented in writing to a delay.
22		(b) If the Department Office of Banks and Real Estate
23		affirmatively determines, upon inquiry and examination, that
24		the requirements of this Act have been met, it shall issue a
25		certificate of registration registering the subdivided lands

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1		and shall approve the form of the public property report.
2		(b-5) If the Department affirmatively determines, upon
3		inquiry and examination, that the exemption requirements of
4		this Act have been met, it shall issue a written approval.
5		(c) If the Department Office of Banks and Real Estate
6		determines, upon inquiry and examination, that any of the
7		requirements of this Act have not been met, it shall notify the
8		applicant that the application for registration or exemption
9		must be corrected in the particulars specified within 15 days.
10		If the requirements are not met within the time allowed, the
11		Department Office of Banks and Real Estate shall enter an order
12		rejecting the registration or exemption, which shall include
13		the findings of fact upon which the order is based. The order
14		rejecting the registration shall not become effective for 20
15		days, during which time the applicant may petition for
16		reconsideration and shall be entitled to a hearing.
17		(d) The Department Office of Banks and Real Estate may
18		adopt rules authorizing the subdivider or the subdivider's
19		agent to file an abbreviated application , as the subdivider's
20		application for a certificate of registration in lieu of some
21		or all of the requirements of Section 5-10, (i) a copy of the
22		statement of record filed with respect to the subdivision
23		pursuant to the Federal Interstate Land Sales Full Disclosure
24		Act if the statement complies with the requirements of that Act
25		and the regulations pertinent to that Act or (ii) an acceptable
26		certificate of registration from another jurisdiction in which

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1		the requirements for registration are substantially the same or
2		exceed those provided in this Act. Notwithstanding the
3		requirements of Section 5-10, the Department Office of Banks
4		and Real Estate may suspend or revoke any registration under
5		this Section that includes any registration, property report,
6		or similar disclosure documents accepted under this subsection
7		if the registration, property report, or similar disclosure is
8		suspended or revoked by the registering state or by the federal
9		government.
10		(e) A certificate of registration issued under this Section
11		shall expire on June 30 following the date of issuance. In the
12		absence of any reason or condition under Section 15-5 10-35
13		that might warrant the suspension or revocation of a
14		registration, a certificate shall be renewed upon payment of
15		the required fee and submission of documentation as provided by
16		rule. An exemption issued under this Section shall not expire
17		or renew. The applicant must notify the Department of any
18		change in the status of the subdivision under which the
19		exemption was approved.
20		(Source: P.A. 91-338, eff. 12-30-99.)
21		(765 ILCS 86/5-20)
22		(Section scheduled to be repealed on January 1, 2010)
23		Sec. 5-20. Fees.
24		(a) The Department Office of Banks and Real Estate shall
25		provide, by rule, for fees to be paid by applicants and

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1		registrants to cover the reasonable costs of the Department
2		Office of Banks and Real Estate in administering and enforcing
3		the provisions of this Act. The Department Office of Banks and
4		Real Estate may also provide, by rule, for general fees to
5		cover the reasonable expenses of carrying out other functions
6		and responsibilities under this Act.
7		(b) All fees collected under this Act shall be paid into
8		the Real Estate License Administration Fund in the State
9		treasury and appropriated to the Department Office of Banks and
10		Real Estate for administration of this Act or any other Act
11		administered by the Department Office of Banks and Real Estate
12		and providing revenue to this fund.
13		(c) (Blank). Any person who delivers a check or other
14		payment to the Office of Banks and Real Estate that is returned
15		to the Office of Banks and Real Estate unpaid by the financial
16		institution upon which it is drawn shall pay to the Office of
17		Banks and Real Estate, in addition to the amount already owed
18		to the Office of Banks and Real Estate, a fee of $50.
19		(d) (Blank). The fees imposed by this Section are in
20		addition to any other disciplinary action provided under this
21		Act for unlicensed practice or practice on a non-renewed
22		license.
23		(e) (Blank). The Office of Banks and Real Estate shall
24		notify the person that payment of fees and fines shall be paid
25		to the Office of Banks and Real Estate by certified check or
26		money order within 30 calendar days of the notification. If,

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1		after the expiration of 30 days from the date of the
2		notification, the person has failed to submit the necessary
3		remittance, the Office of Banks and Real Estate shall
4		automatically terminate the certificate of registration or
5		deny the application, without hearing. If, after termination or
6		denial, the person seeks a certificate of registration, he or
7		she shall apply to the Office of Banks and Real Estate for
8		restoration or issuance of the certificate of registration and
9		pay all fees due the Office of Banks and Real Estate. The
10		Commissioner may waive the fees due under this Section in
11		individual cases where the Commissioner finds that the fees
12		would be unreasonable or unnecessarily burdensome.
13		(Source: P.A. 91-338, eff. 12-30-99.)
14		(765 ILCS 86/5-23 new)
15		Sec. 5-23. Returned checks; fines. Any person who delivers
16		a check or other payment to the Department that is returned to
17		the Department unpaid by the financial institution upon which
18		it is drawn shall pay to the Department, in addition to the
19		amount already owed to the Department, a fine of $50. The fines
20		imposed by this Section are in addition to any other discipline
21		provided under this Act for unregistered practice or practice
22		on a nonrenewed registration. The Department shall notify the
23		person that payment of fees and fines shall be paid to the
24		Department by certified check or money order within 30 calendar
25		days of the notification. If, after the expiration of 30 days

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1		from the date of the notification, the person has failed to
2		submit the necessary remittance, the Department shall
3		automatically terminate the registration or deny the
4		application, without hearing. If, after termination or denial,
5		the person seeks a registration, he or she shall apply to the
6		Department for restoration or issuance of the registration and
7		pay all fees and fines due to the Department. The Department
8		may establish a fee for the processing of an application for
9		restoration of a registration to pay all expenses of processing
10		this application. The Secretary may waive the fines due under
11		this Section in individual cases where the Secretary finds that
12		the fines would be unreasonable or unnecessarily burdensome.
13		(765 ILCS 86/5-25)
14		(Section scheduled to be repealed on January 1, 2010)
15		Sec. 5-25. Public property report. When a certificate of
16		registration is granted by the Department Office of Banks and
17		Real Estate, a copy of the public property report shall be
18		given by the owner, subdivider, or agent to each prospective
19		purchaser prior to the execution of any binding contract or
20		agreement for the sale of any lot or parcel in a subdivision. A
21		receipt, in duplicate, shall be taken from each purchaser to
22		evidence compliance with this Section. Receipts taken for any
23		published report shall be kept on file in possession of the
24		owner, subdivider, or agent, subject to inspection by the
25		Department Office of Banks and Real Estate for 3 years from the

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1		date the receipt is taken. The report shall not be used for
2		advertising purposes unless the report is used in its entirety.
3		No portion of the report shall be underscored, italicized, or
4		printed in larger or heavier type than any other portion of the
5		report, unless required by this Act. The report shall contain
6		the following statement:
7		If you received this report prior to signing a contract
8		or agreement, you may cancel your contract or agreement by
9		giving notice to the seller any time before midnight of the
10		seventh day following the signing of the contract or
11		agreement.
12		If you did not receive this report before you signed a
13		contract or agreement, you may cancel the contract or
14		agreement any time within 2 years from the date of signing.
15		(Source: P.A. 91-338, eff. 12-30-99.)
16		(765 ILCS 86/10-15)
17		(Section scheduled to be repealed on January 1, 2010)
18		Sec. 10-15. Copies of instruments. A copy of the
19		instruments executed in connection with the sale of parcels
20		within a subdivision shall be kept available in this State and
21		subject to inspection by the Department Office of Banks and
22		Real Estate. The Department Office of Banks and Real Estate
23		shall be notified of any change of address affecting the
24		location of the owner's, subdivider's, or agent's records, or
25		of any change in the depository for purchasers' payments under

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1		this Act.
2		(Source: P.A. 91-338, eff. 12-30-99.)
3		(765 ILCS 86/10-20)
4		(Section scheduled to be repealed on January 1, 2010)
5		Sec. 10-20. Sale of encumbered lots prohibited;
6		exceptions. It is unlawful for the owner or subdivider to sell
7		lots or parcels within a subdivision subject to a blanket
8		encumbrance unless one of the following conditions is met:
9		(1) All sums paid or advanced by a purchaser are placed
10		in an escrow or other depository account acceptable to the
11		Department Office of Banks and Real Estate until (i) the
12		fee title contracted for is delivered to the purchaser by
13		deed together with complete release from all financial
14		encumbrances; (ii) the owner, subdivider, or purchaser
15		defaults and fails to perform under the contract of sale
16		and there is final determination as to the disposition of
17		such moneys; or (iii) the funds in the escrow or other
18		account are voluntarily returned to the contract
19		purchaser.
20		(2) The fee title to the subdivision is placed in trust
21		under an agreement or trust acceptable to the Department
22		Office of Banks and Real Estate until a proper release from
23		each blanket encumbrance, including all taxes, is obtained
24		and title is delivered to the purchaser.
25		(3) A bond to the State of Illinois is furnished to the

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1		Department Office of Banks and Real Estate for the benefit
2		and protection of purchasers of such lots or parcels, in
3		the amount and subject to terms approved by the Department
4		Office of Banks and Real Estate. The bond shall be executed
5		by a surety company that is authorized to do business in
6		the State of Illinois and has given consent to be sued in
7		this State. The bond shall provide for the return of moneys
8		paid or advanced by a purchaser if (i) the title contracted
9		for is not delivered and (ii) a full release from each
10		blanket encumbrance is not obtained. If it is determined
11		that the purchaser, by reason of default or otherwise, is
12		not entitled to the return of those moneys, or any portion
13		of those moneys, then the bond is released by the amount of
14		moneys to which the purchaser of parcel is not entitled.
15		(4) The blanket encumbrance contains provisions
16		evidencing the subordination of the lien of the holder of
17		the blanket encumbrance to the rights of those persons
18		purchasing from the subdivider, and further evidencing
19		that the subdivider is able to secure releases from such
20		blanket encumbrances with respect to the property.
21		(Source: P.A. 91-338, eff. 12-30-99.)
22		(765 ILCS 86/10-30)
23		(Section scheduled to be repealed on January 1, 2010)
24		Sec. 10-30. Failure to pay registration, and inspection, or
25		renewal fees; civil penalty. Any owner, subdivider, or agent

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1		who fails to pay the registration, inspection, or renewal fees
2		when due shall be assessed a late fee or civil penalty of $100
3		per day for each day past the due date that the fee is not paid.
4		Practice by a registrant while in a non-renewed status
5		constitutes unregistered practice. Any penalties collected
6		under this Act shall be deposited into the Real Estate License
7		Administration Fund.
8		(Source: P.A. 91-338, eff. 12-30-99.)
9		(765 ILCS 86/15-5)
10		(Section scheduled to be repealed on January 1, 2010)
11		Sec. 15-5. Disciplinary action; civil penalty.
12		(a) The Department may refuse to issue or renew, or may
13		revoke, suspend, place on probation, reprimand, or take other
14		disciplinary or non-disciplinary action as the Department may
15		deem appropriate, including imposing fines not to exceed
16		$25,000 for each violation, with regard to any registration for
17		any one or combination of the following: Office of Banks and
18		Real Estate may refuse to issue or renew any certificate of
19		registration, or revoke or suspend any certificate of
20		registration, or place on probation or administrative
21		supervision or reprimand a registrant registered under this
22		Act, or impose a civil penalty not to exceed $25,000, for any
23		one or any combination of the following causes:
24		(1) Violations of this Act, or of the rules promulgated
25		under this Act. A registrant's disregard or violation of

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1		any provision of this Act or of the rules adopted by the
2		Office of Banks and Real Estate to enforce this Act.
3		(2) (Blank). A conviction of the registrant or any
4		principal of the registrant of (i) a felony under the laws
5		of any U.S. jurisdiction, (ii) a misdemeanor under the laws
6		of any U.S. jurisdiction if an essential element of the
7		offense is dishonesty, or (iii) a crime under the laws of
8		any U.S. jurisdiction if the crime relates directly to the
9		practice of the profession regulated by this Act.
10		(3) A registrant's making any misrepresentation for
11		the purpose of obtaining an exemption or certificate of
12		registration a registration or certificate.
13		(4) Disciplinary action against a registrant by
14		another U.S. jurisdiction, state agency, or foreign nation
15		regarding the making of land sales regulated by this Act,
16		if at least one of the grounds for the discipline is the
17		same as or substantially equivalent to one of those set
18		forth in this Act.
19		(5) A finding by the Department Office of Banks and
20		Real Estate that the registrant, after having his or her
21		registration placed on probationary status, has violated
22		the terms of probation.
23		(6) A registrant's practicing or attempting to
24		practice under a name other than the name as shown on his
25		or her registration or any other legally authorized name.
26		(7) (Blank). A registrant's failure to file a return,

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1		or to pay the tax, penalty, or interest shown in a filed
2		return, or to pay any final assessment of tax, penalty, or
3		interest, as required by any tax Act administered by the
4		Illinois Department of Revenue, until the requirements of
5		any such tax Act are satisfied.
6		(8) A registrant's engaging in dishonorable,
7		unethical, or unprofessional conduct of a character likely
8		to deceive, defraud, or harm the public.
9		(9) A registrant's aiding or abetting another person or
10		persons in disregarding or violating any provision of this
11		Act or of the rules adopted by the Department Office of
12		Banks and Real Estate to enforce this Act.
13		(10) Any representation in any document or information
14		filed with the Department Office of Banks and Real Estate
15		which is false or misleading.
16		(11) A registrant's disseminating or causing to be
17		disseminated any false or misleading promotional materials
18		or advertisements in connection with a registered
19		subdivision.
20		(12) A registrant's concealing, diverting, or
21		disposing of any funds or assets of any person in a manner
22		that impairs the rights of purchasers of lots within a
23		registered subdivision.
24		(13) A registrant's failure to perform any stipulation
25		or agreement made to induce the Department Office of Banks
26		and Real Estate to issue an order relating to the

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1		registered subdivision.
2		(14) A registrant's engaging in any act that
3		constitutes a violation of Section 3-102, 3-103, 3-104, or
4		3-105 of the Illinois Human Rights Act.
5		(15) A registrant's failure to provide information
6		requested in writing by the Department Office of Banks and
7		Real Estate, within 30 days of the request, either as the
8		result of a formal or informal complaint to the Office of
9		Banks and Real Estate or as a result of a random audit
10		conducted by the Office of Banks and Real Estate, which
11		would indicate a violation of this Act.
12		(16) A registrant's failure to account for or remit any
13		escrow funds coming into his or her possession which
14		belonged to others.
15		(17) A registrant's failure to make available to
16		Department Office of Banks and Real Estate personnel during
17		normal business hours all escrow records and related
18		documents maintained in connection therewith, within 24
19		hours of a request from Department Office of Banks and Real
20		Estate personnel.
21		(18) A registrant's failure to comply with any
22		provision of this Act or the rules implementing this Act,
23		or any order made by the Department Office of Banks and
24		Real Estate.
25		(19) A person's offering for sale, as an agent,
26		salesman, or broker for a subdivider, developer, or owner,

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1		subdivided lands or a subdivision, wherever situated,
2		without first complying with this Act.
3		(20) A registrant's failure to provide to the purchaser
4		a translation of the Illinois Public Property Report or any
5		contract, lien, or note as required by this Act.
6		(21) A registrant's advertising for sale in this State
7		any parcel in a subdivision, or in any other manner
8		assisting an owner, subdivider, or developer of a
9		subdivision who has not complied with this Act to offer
10		subdivided land within this State.
11		(22) A registrant's making any material change in the
12		plan of disposition and development of the subdivision or
13		subdivided lands subsequent to receiving a certificate of
14		registration, without obtaining written approval of an
15		amendment to the registration.
16		(23) A registrant's encumbering a lot or parcel, or
17		allowing a lot or parcel to be encumbered, after a contract
18		for its sale has been signed by the parties to the
19		contract.
20		(b) (Blank). A civil penalty imposed under subsection (a)
21		shall be paid within 60 days after the effective date of the
22		order imposing the civil penalty. The order shall constitute a
23		judgment and may be filed and execution had thereon in the same
24		manner as any judgment from any court of record.
25		(c) Violation of tax Acts. The Department may refuse to
26		issue or renew or may suspend the registration of any person

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1		who fails to file a return, pay the tax, penalty, or interest
2		shown in a filed return, or pay any final assessment of tax,
3		penalty, or interest, as required by any tax Act administered
4		by the Department of Revenue, until such time as the
5		requirements of that tax Act are satisfied in accordance with
6		subsection (g) of Section 2105-15 of the Civil Administrative
7		Code of Illinois.
8		(Source: P.A. 91-338, eff. 12-30-99.)
9		(765 ILCS 86/15-7 new)
10		Sec. 15-7. Civil penalties.
11		(a) In addition to any other penalty provided by law, any
12		person who violates this Act shall forfeit and pay a civil
13		penalty to the Department in an amount not to exceed $25,000
14		for each violation as determined by the Department. The civil
15		penalty shall be assessed by the Department in accordance with
16		the provisions of this Act.
17		(b) The Department has the authority and power to
18		investigate any and all unregistered activity.
19		(c) The civil penalty shall be paid within 60 days after
20		the effective date of the order imposing the civil penalty. The
21		order shall constitute a judgment and may be filed and
22		execution had thereon in the same manner as any judgment from
23		any court of record.
24		(d) All moneys collected under this Section shall be
25		deposited into the Real Estate License Administration Fund.

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1		(765 ILCS 86/15-10)
2		(Section scheduled to be repealed on January 1, 2010)
3		Sec. 15-10. Investigation. The Department Office of Banks
4		and Real Estate may investigate the actions or qualifications
5		of any person or persons holding or claiming to hold a
6		certificate of registration under this Act. Such a person is
7		referred to as "the respondent" in this Article.
8		(Source: P.A. 91-338, eff. 12-30-99.)
9		(765 ILCS 86/15-15)
10		(Section scheduled to be repealed on January 1, 2010)
11		Sec. 15-15. Disciplinary hearings; record; appointment of
12		administrative law judge.
13		(a) The Department Office of Banks and Real Estate has the
14		authority to conduct hearings before an administrative law
15		judge on proceedings to revoke, suspend, or refuse to issue or
16		renew a certificate of registration issued under this Act, or
17		to place on probation or administrative supervision or
18		reprimand a registrant registered under this Act, or to impose
19		a civil penalty not to exceed $25,000 upon any registrant
20		registered under this Act.
21		(b) The Department Office of Banks and Real Estate, at its
22		expense, shall preserve a record of all proceedings at the
23		formal hearing of any case involving the refusal to issue or
24		the revocation or suspension of a certificate of registration

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1		issued under this Act or involving other discipline of a
2		registrant registered under this Act. The notice of hearing,
3		complaint, and all other documents in the nature of pleadings
4		and written motions filed in the proceedings, the transcript of
5		testimony, the report of the administrative law judge, and the
6		orders of the Department Office of Banks and Real Estate shall
7		be the record of proceeding. At all hearings or prehearing
8		conferences, the Department Office of Banks and Real Estate and
9		the respondent shall be entitled to have a court reporter in
10		attendance for purposes of transcribing the proceeding or
11		prehearing conference.
12		(c) The Secretary Commissioner has the authority to appoint
13		any attorney duly licensed to practice law in the State of
14		Illinois to serve as an administrative law judge in any action
15		for refusal to issue or renew a certificate of registration or
16		to discipline a registrant or person holding a certificate of
17		registration. The administrative law judge has full authority
18		to conduct the hearing. The administrative law judge shall
19		report his or her findings and recommendations to the Secretary
20		Commissioner. If the Secretary Commissioner disagrees with the
21		recommendation of the administrative law judge, the Secretary
22		Commissioner may issue an order in contravention of the
23		recommendation.
24		(Source: P.A. 91-338, eff. 12-30-99.)
25		(765 ILCS 86/15-20)

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1		(Section scheduled to be repealed on January 1, 2010)
2		Sec. 15-20. Investigations; notice and hearing. Notice of
3		proposed disciplinary action; hearing. The Department may
4		investigate the actions of any applicant or of any person or
5		persons rendering or offering to render land sales services or
6		any person holding or claiming to hold a certificate of
7		registration as a registered land sales developer or
8		subdivision. The Department shall, before revoking,
9		suspending, placing on probation, reprimanding, or taking any
10		other disciplinary action under Section 80 of this Act, at
11		least 30 days before the date set for the hearing: (i) notify
12		the accused in writing of the charges made and the time and
13		place for the hearing on the charges, (ii) direct him or her to
14		file a written answer to the charges with the Department under
15		oath within 20 days after the service on him or her of the
16		notice, and (iii) inform the accused that, if he or she fails
17		to answer, default will be taken against him or her or that his
18		or her registration may be suspended, revoked, placed on
19		probationary status, or other disciplinary action taken with
20		regard to the registration, including limiting the scope,
21		nature, or extent of his or her practice, as the Department may
22		consider proper. At the time and place fixed in the notice, the
23		Department shall proceed to hear the charges and the parties or
24		their counsel shall be accorded ample opportunity to present
25		any pertinent statements, testimony, evidence, and arguments.
26		The Department may continue the hearing from time to time. In

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1		case the person, after receiving the notice, fails to file an
2		answer, his or her registration may, in the discretion of the
3		Department, be suspended, revoked, placed on probationary
4		status, or the Department may take whatever disciplinary action
5		considered proper, including limiting the scope, nature, or
6		extent of the person's practice or the imposition of a fine,
7		without a hearing, if the act or acts charged constitute
8		sufficient grounds for that action under this Act. The written
9		notice may be served by personal delivery or by certified mail
10		to the address specified by the accused in his or her last
11		notification with the Department.
12		(a) Before taking any disciplinary action with regard to
13		any registrant, the Office of Banks and Real Estate shall:
14		(1) notify the respondent in writing, at least 30
15		calendar days prior to the date set for the hearing, of any
16		charges made, the time and place for the hearing of the
17		charges, and that testimony at the hearing will be heard
18		under oath; and
19		(2) inform the respondent that upon failure to file an
20		answer and request a hearing before the date originally set
21		for the hearing, default will be taken against the
22		respondent and the respondent's certificate of
23		registration may be suspended or revoked, or other
24		disciplinary action may be taken against the respondent, as
25		the Office of Banks and Real Estate may deem proper.
26		(b) If the respondent fails to file an answer after

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1		receiving notice, the respondent's certificate of registration
2		may, in the discretion of the Office of Banks and Real Estate,
3		be revoked or suspended, or other disciplinary action may be
4		taken against the respondent, as deemed proper, without a
5		hearing, if the act or acts charged constitute sufficient
6		grounds for that action under this Act.
7		(c) At the time and place fixed in the notice, the Office
8		of Banks and Real Estate shall proceed to hearing of the
9		charges. Both the respondent and the complainant shall be
10		accorded ample opportunity to present in person, or by counsel,
11		statements, testimony, evidence, and argument that may be
12		pertinent to the charges or any defense to the charges.
13		(Source: P.A. 91-338, eff. 12-30-99.)
14		(765 ILCS 86/15-25)
15		(Section scheduled to be repealed on January 1, 2010)
16		Sec. 15-25. Subpoenas; attendance of witnesses; oaths.
17		(a) The Department Office of Banks and Real Estate has the
18		power to issue subpoenas ad testificandum and to bring before
19		it any persons, and to take testimony either orally or by
20		deposition, or both, with the same fees and mileage and in the
21		same manner as prescribed in civil cases in the courts of this
22		State. The Department Office of Banks and Real Estate has the
23		power to issue subpoenas duces tecum and to bring before it any
24		documents, papers, files, books, and records, with the same
25		costs and in the same manner as prescribed in civil cases in

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1		the courts of this State.
2		(b) Upon application of the Department Office of Banks and
3		Real Estate or its designee or of the applicant, registrant, or
4		person holding a certificate of registration against whom
5		proceedings under this Act are pending, any circuit court may
6		enter an order compelling the enforcement of any subpoena
7		issued by the Department Office of Banks and Real Estate in
8		connection with any hearing or investigation.
9		(c) The Secretary Commissioner and the designated
10		administrative law judge have power to administer oaths to
11		witnesses at any hearing that the Department Office of Banks
12		and Real Estate is authorized to conduct under this Act.
13		(Source: P.A. 91-338, eff. 12-30-99.)
14		(765 ILCS 86/15-30)
15		(Section scheduled to be repealed on January 1, 2010)
16		Sec. 15-30. Administrative law judge's findings of fact,
17		conclusions of law, and recommendations. At the conclusion of
18		the hearing, the administrative law judge shall present to the
19		Secretary Commissioner a written report of the administrative
20		law judge's findings of fact, conclusions of law, and
21		recommendations regarding discipline or a civil penalty. The
22		report shall contain a finding of whether or not the respondent
23		violated this Act or failed to comply with the conditions
24		required in this Act. The administrative law judge shall
25		specify the nature of the violation or failure to comply. If

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1		the Secretary Commissioner disagrees in any regard with the
2		report of the administrative law judge, the Secretary
3		Commissioner may issue an order in contravention of the report.
4		The Commissioner shall provide a written report to the
5		administrative law judge on any deviation and shall specify
6		with particularity the reasons for that action in the final
7		order.
8		(Source: P.A. 91-338, eff. 12-30-99.)
9		(765 ILCS 86/15-35)
10		(Section scheduled to be repealed on January 1, 2010)
11		Sec. 15-35. Rehearing. After any hearing involving
12		disciplinary action against a registrant, a copy of the
13		administrative law judge's report shall be served on the
14		respondent by the Department Office of Banks and Real Estate,
15		either personally or as provided in this Act for the service of
16		the notice of hearing. Within 20 calendar days after the
17		service, the respondent may present to the Department Office of
18		Banks and Real Estate a motion in writing for a rehearing. The
19		motion shall specify the particular grounds for rehearing. If
20		the respondent orders a transcript of the record from the
21		reporting service and pays for it within the time for filing a
22		motion for rehearing, the 20 calendar day period within which a
23		motion for rehearing may be filed shall commence upon the
24		delivery of the transcript to the respondent.
25		If no motion for rehearing is filed, then upon the

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1		expiration of the time specified for filing a motion, or if a
2		motion for rehearing is denied, then upon denial, the Secretary
3		Commissioner may enter an order in accordance with the
4		recommendations of the administrative law judge, except as
5		otherwise provided in this Article. Whenever the Secretary
6		Commissioner is not satisfied that substantial justice has been
7		done in the hearing or in the administrative law judge's
8		report, the Secretary Commissioner may order a rehearing by the
9		same or some other duly qualified administrative law judge.
10		(Source: P.A. 91-338, eff. 12-30-99.)
11		(765 ILCS 86/15-40)
12		(Section scheduled to be repealed on January 1, 2010)
13		Sec. 15-40. Disciplinary consent orders. Notwithstanding
14		any other provisions of this Act concerning the conduct of
15		hearings and recommendations for disciplinary actions, the
16		Department Office of Banks and Real Estate has the authority to
17		negotiate agreements with registrants and applicants resulting
18		in disciplinary or non-disciplinary consent orders. Any such
19		consent order may provide for any form of discipline provided
20		for in the Act. Any such consent order shall provide that it is
21		not entered into as a result of any coercion by the Department
22		Office of Banks and Real Estate. The consent order shall be
23		final upon signature of the Secretary Any such consent order
24		shall be accepted by signature or rejected by the Commissioner
25		in a timely manner.

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1		(Source: P.A. 91-338, eff. 12-30-99.)
2		(765 ILCS 86/15-45)
3		(Section scheduled to be repealed on January 1, 2010)
4		Sec. 15-45. Order or certified copy. An order or a
5		certified copy of an order, over the seal of the Department
6		Office of Banks and Real Estate and purporting to be signed by
7		the Secretary Commissioner, shall be prima facie proof of the
8		following:
9		(1) That the signature is the genuine signature of the
10		Secretary Commissioner.
11		(2) That the Secretary Commissioner is duly appointed
12		and qualified.
13		(3) That the administrative law judge is duly appointed
14		and qualified.
15		(Source: P.A. 91-338, eff. 12-30-99.)
16		(765 ILCS 86/15-50)
17		(Section scheduled to be repealed on January 1, 2010)
18		Sec. 15-50. Restoration of certificate of registration.
19		Upon petition, after the successful completion of the term of
20		At any time after the suspension or revocation of any
21		certificate of registration, the Department Office of Banks and
22		Real Estate may restore the certificate of registration to the
23		respondent upon the written recommendation of the
24		administrative law judge, unless after an investigation and a

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1		hearing the administrative law judge determines that
2		restoration is not in the public interest.
3		(Source: P.A. 91-338, eff. 12-30-99.)
4		(765 ILCS 86/15-55)
5		(Section scheduled to be repealed on January 1, 2010)
6		Sec. 15-55. Surrender of certificate of registration. Upon
7		the revocation or suspension of a certificate of registration,
8		the registrant shall immediately surrender the certificate of
9		registration to the Department Office of Banks and Real Estate.
10		If the registrant fails to do so, the Department Office of
11		Banks and Real Estate has the right to seize the certificate of
12		registration.
13		(Source: P.A. 91-338, eff. 12-30-99.)
14		(765 ILCS 86/15-60)
15		(Section scheduled to be repealed on January 1, 2010)
16		Sec. 15-60. Administrative Review Law; transcripts;
17		certifications of record; costs. All final administrative
18		decisions of the Department Office of Banks and Real Estate
19		under this Act are subject to judicial review under the
20		Administrative Review Law and the rules implementing that Law.
21		The term "administrative decision" is defined as in Section
22		3-101 of the Code of Civil Procedure. Proceedings for judicial
23		review shall be commenced in the circuit court of the county in
24		which the party applying for review resides, but if the party

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1		is not a resident of this State, the venue shall be in Cook or
2		Sangamon County.
3		Pending the court's final decision on administrative
4		review, the acts, orders, sanctions, and rulings of the
5		Department Office of Banks and Real Estate regarding any
6		registration shall remain in full force and effect unless
7		modified or suspended by court order pending a final judicial
8		decision.
9		The Department, at its own expense, shall preserve a record
10		of all proceedings at the formal hearing of a case involving
11		the refusal to issue or renew a registration. The notice of
12		hearing, complaint, and all other documents in the nature of
13		pleadings and written motions filed in the proceedings, the
14		transcript of testimony, the report, and orders of the
15		Department shall be in the record of the proceeding.
16		The Department shall not be required to certify any record
17		to the court or file any answer in court or otherwise appear in
18		any court in a judicial review proceeding unless there is filed
19		in the court a receipt from the Department acknowledging
20		payment of the costs of furnishing and certifying the record,
21		which shall be computed at the rate of 20 cents per page of the
22		record. Failure on the part of a plaintiff to file a receipt in
23		court shall be grounds for dismissal of the action.
24		The Office of Banks and Real Estate shall not be required
25		to certify any record to the court or file any answer in court
26		or otherwise appear in any court in a judicial review

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1		proceeding unless there is filed in the court, with the
2		complaint, a receipt from the Office of Banks and Real Estate
3		acknowledging payment of the costs of furnishing and certifying
4		the record. Failure on the part of the plaintiff to file a
5		receipt in the court is grounds for dismissal of the action.
6		(Source: P.A. 91-338, eff. 12-30-99.)
7		(765 ILCS 86/15-65)
8		(Section scheduled to be repealed on January 1, 2010)
9		Sec. 15-65. Public interest, safety, or welfare; summary
10		suspension. The Secretary Commissioner may temporarily suspend
11		any registration pursuant to this Act, without hearing,
12		simultaneously with the institution of proceedings for a
13		hearing provided for in this Section, if the Secretary
14		Commissioner finds that the evidence indicates that imminent
15		danger exists to the public interest, safety, or welfare
16		imperatively requires emergency action. If the Secretary
17		Commissioner temporarily suspends any registration without a
18		hearing, a hearing must be held within 30 calendar days after
19		the suspension. The person whose registration is suspended may
20		seek a continuance of the hearing, during which the suspension
21		shall remain in effect. The proceeding shall be concluded
22		without appreciable delay.
23		(Source: P.A. 91-338, eff. 12-30-99.)
24		(765 ILCS 86/15-70)

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1		(Section scheduled to be repealed on January 1, 2010)
2		Sec. 15-70. Non-registered practice; civil penalty;
3		injunction.
4		(a) Any person who practices, offers to practice, attempts
5		to practice, or holds himself or herself out to practice as a
6		registrant under this Act without being registered under this
7		Act shall, in addition to any other penalty provided by law,
8		pay a civil penalty to the Department Office of Banks and Real
9		Estate in an amount not to exceed $25,000 for each offense as
10		determined by the Department Office of Banks and Real Estate.
11		The civil penalty shall be assessed by the Department Office of
12		Banks and Real estate after a hearing is held in accordance
13		with the provisions set forth in this Act regarding the
14		provision of a hearing for the discipline of a registration.
15		(b) Whenever, in the opinion of the Department, a person
16		violates any provision of this Act, the Department may issue a
17		rule to show cause why an order to cease and desist should not
18		be entered against that person. The rule shall clearly set
19		forth the grounds relied upon by the Department and shall allow
20		at least 7 days after the date of the rule to file an answer
21		satisfactory to the Department. Failure to answer to the
22		satisfaction of the Department shall cause an order to cease
23		and desist to be issued The Office of Banks and Real Estate has
24		the authority and power to investigate any and all activity
25		subject to registration under this Act.
26		(c) A civil penalty imposed under subsection (a) shall be

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1		paid within 60 days after the effective date of the order
2		imposing the civil penalty. The order shall constitute a
3		judgment and may be filed and execution had thereon in the same
4		manner as any judgment from any court of record.
5		(d) Engaging in the sale of land located outside the State
6		of Illinois but offered for sale in Illinois by any entity not
7		holding a valid and current registration under this Act is
8		declared to be inimical to the public welfare, to constitute a
9		public nuisance, and to cause irreparable harm to the public
10		welfare. The Secretary Commissioner, the Attorney General, the
11		State's Attorney of any county in the State, or any person may
12		maintain an action in the name of the People of the State of
13		Illinois, and may apply for injunctive relief in any circuit
14		court to enjoin the entity from engaging in the conduct
15		prohibited under this subsection. Upon the filing of a verified
16		petition in the court, the court, if satisfied by affidavit or
17		otherwise that the entity has been engaged in that conduct
18		without a valid and current registration, may enter a temporary
19		restraining order without notice or bond, enjoining the
20		defendant from such further conduct. Only the showing of
21		nonregistration, by affidavit or otherwise, is necessary in
22		order for a temporary injunction to issue. A copy of the
23		verified complaint shall be served upon the defendant and the
24		proceedings shall thereafter be conducted as in other civil
25		cases except as modified by this Section. If it is established
26		that the defendant has been or is engaged in such unlawful

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1		conduct, the court may enter an order or judgment perpetually
2		enjoining the defendant from further unlawful conduct. In all
3		proceedings hereunder, the court, in its discretion, may
4		apportion the costs among the parties interested in the action,
5		including cost of filing the complaint, service of process,
6		witness fees and expenses, court reporter charges and
7		reasonable attorneys' fees. In the case of a violation of any
8		injunctive order entered under the provisions of this Section,
9		the court may summarily try and punish the offender for
10		contempt of court. Proceedings for an injunction under this
11		Section shall be in addition to, and not in lieu of, all
12		penalties and other remedies provided in this Act.
13		(Source: P.A. 91-338, eff. 12-30-99.)
14		(765 ILCS 86/15-75)
15		(Section scheduled to be repealed on January 1, 2010)
16		Sec. 15-75. Cease and desist orders. The Department Office
17		of Banks and Real Estate may issue a cease and desist order to
18		any person who engages in any activity prohibited by this Act.
19		Any person in violation of a cease and desist order entered by
20		the Department Office of Banks and Real Estate is subject to
21		all of the remedies provided by law.
22		(Source: P.A. 91-338, eff. 12-30-99.)
23		(765 ILCS 86/20-5)
24		(Section scheduled to be repealed on January 1, 2010)

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1		Sec. 20-5. Administration of Act. The Department Office of
2		Banks and Real Estate shall exercise the powers and duties
3		prescribed by the Civil Administrative Code of Illinois and
4		shall exercise other powers and duties necessary for
5		effectuating the purposes of this Act. The Department Office of
6		Banks and Real Estate may contract with third parties for
7		services necessary for the proper administration of this Act.
8		The Department Office of Banks and Real Estate has the
9		authority to establish public policies and procedures
10		necessary for the administration of this Act.
11		(Source: P.A. 91-338, eff. 12-30-99.)
12		(765 ILCS 86/20-10)
13		(Section scheduled to be repealed on January 1, 2010)
14		Sec. 20-10. Administrative rules. The Department Office of
15		Banks and Real Estate shall adopt rules for the implementation
16		and enforcement of this Act.
17		(Source: P.A. 91-338, eff. 12-30-99.)
18		(765 ILCS 86/20-15)
19		(Section scheduled to be repealed on January 1, 2010)
20		Sec. 20-15. Investigation of subdivisions. The Department
21		may Office of Banks and Real Estate shall investigate any every
22		subdivision offered for sale in this State and may:
23		(1) Require the applicant to submit reports prepared by
24		competent engineers concerning any hazard to which any

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1		subdivision offered for sale is subject in the opinion of
2		the Department Office of Banks and Real Estate, or any
3		factor that affects the utility of lots or parcels within
4		the subdivision, and require evidence of compliance.
5		(2) Make an on-site inspection of each subdivision. In
6		connection with any on-site inspection, the owner,
7		subdivider, or agent shall defray all expenses incurred by
8		the inspector in the course of the inspection.
9		(3) Make additional on-site inspections of each
10		subdivision for which the owner, subdivider, or agent shall
11		defray all expenses incurred by the inspector in the course
12		of the inspection.
13		(4) Require the owner, subdivider, or agent to deposit
14		the expenses to be incurred in any inspection, in advance,
15		based upon an estimate by the Department Office of Banks
16		and Real Estate of the expenses likely to be incurred.
17		(5) In those cases where an on-site inspection of any
18		subdivision has been made under the provisions of this Act,
19		waive an inspection of a subsequent registration submitted
20		as an amendment to the registration covering subdivided
21		land to be sold under the same common promotional plan. An
22		inspection of the subsequent registration may be made in
23		connection with the next succeeding on-site inspection.
24		(Source: P.A. 91-338, eff. 12-30-99.)
25		(765 ILCS 86/20-20)

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1		(Section scheduled to be repealed on January 1, 2010)
2		Sec. 20-20. Forms. The Department Office of Banks and Real
3		Estate may prescribe forms and procedures for submitting to the
4		Department Office of Banks and Real Estate.
5		(Source: P.A. 91-338, eff. 12-30-99.)
6		(765 ILCS 86/20-25)
7		(Section scheduled to be repealed on January 1, 2010)
8		Sec. 20-25. Real Estate License Administration Fund. All
9		fees collected for registration and for civil penalties
10		pursuant to this Act and administrative rules adopted under
11		this Act shall be deposited into the Real Estate Administration
12		Fund. The moneys deposited in the Real Estate Administration
13		License Fund shall be appropriated to the Department Office of
14		Banks and Real Estate for expenses for the administration and
15		enforcement of this Act.
16		(Source: P.A. 91-338, eff. 12-30-99.)
17		Section 99. Effective date. This Act takes effect upon
18