Illinois § 18c-5103
Full text of Illinois Illinois Compiled Statutes § 18c-5103, with citation guidance and answers to common questions.
§ 18c-5103.
(from Ch. 95 1/2, par. 18c-5103) Sec. 18c-5103. The Fitness Standard. A person shall be rebuttably presumed unfit to act or to continue to act as a broker if: (1) The person has violated any provision of this Chapter, Commission regulations or orders, or any other law governing its activities as a broker; (2) The person has violated any fiduciary or other obligation with regard to transmittal of monies, bills, or other matters entrusted to it as broker; or (3) The person is applying for a broker's license and any other person the ownership, management, or control of which is or was in substantial identity with the applicant has committed an act of the type described in (1) or (2), above. The Commission may consider any relevant facts in determining whether a person is fit to act or to continue to act as a broker, or whether any presumption which arises under this Section has been rebutted. (Source: P.A. 84-796.)
Frequently Asked Questions About Illinois § 18c-5103
What does Illinois Compiled Statutes § 18c-5103 cover?
Section 18c-5103 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 18c-5103?
A common citation format is "Illinois Compiled Statutes § 18c-5103" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 18c-5103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.