Contributions are not deductible for federal income tax purposes. Contributions to the Texas RE ALTORS® Political Action Committee (TREPAC) and the Texas Association of R EALTORS® Federal Political Action Committee (TAR FedPAC)—which makes contr ibutions to the REALTORS® Political Action Committee (RPAC)—are voluntary and may be used for political purposes. The amount indicated is merely a g uideline\, and you may contribute more or less than the suggested amount. You may refuse to contribute without reprisal\, and the National Associati on of REALTORS®\, Texas REALTORS®\, and its local associations will not fa vor or disadvantage anyone because of the amount contributed. Until the RP AC annual goal is met\, 70% of an individual’s contribution goes to TREPAC and may be used to support state and local candidates\; the remaining 30% is sent to TAR FedPAC to support federal candidates and is charged agains t your limits under 52 U.S.C. 30116. (Exception: 100% of an individual’s c ontribution goes to TREPAC if the individual is an employee of an affiliat e member of Texas REALTORS®.) After the RPAC annual goal is met\, 100% of an individual’s contribution goes to TREPAC and may be used to support sta te and local candidates. You may contact the Texas REALTORS® political com mittee administrator at 800-873-9155 to obtain information about your cont ributions.

Cont ributions are not deductible for federal income tax purposes. Contribution s to the Texas REALTORS® Political Action Committee (TREPAC) and the Texas Association of REALTORS® Federal Political Action Committee (TAR FedPAC)— which makes contributions to the REALTORS® Political Action Committee (RPA C)—are voluntary and may be used for political purposes. The amount indica ted is merely a guideline\, and you may contribute more or less than the s uggested amount. You may refuse to contribute without reprisal\, and the N ational Association of REALTORS®\, Texas REALTORS®\, and its local associa tions will not favor or disadvantage anyone because of the amount contribu ted. Until the RPAC annual goal is met\, 70% of an individual’s contributi on goes to TREPAC and may be used to support state and local candidates\; the remaining 30% is sent to TAR FedPAC to support federal candidates and is charged against your limits under 52 U.S.C. 30116. (Exception: 100% of an individual’s contribution goes to TREPAC if the individual is an employ ee of an affiliate member of Texas REALTORS®.) After the RPAC annual goal is met\, 100% of an individual’s contribution goes to TREPAC and may be us ed to support state and local candidates. You may contact the Texas REALTO RS® political committee administrator at 800-873-9155 to obtain informatio n about your contributions.

Di d you know that as a license holder you have legal requirements and regula tions for engaging in the real estate business? Perhaps you also belong to a trade association connected to the real estate business that has a code of conduct and you see that as a requirement for engaging in the business . There is more to your requirements than a trade association expectation s. It is every license holder’s responsibility to know and operate under t he current
laws applicable to their license. The course covers the re quirements Texas law places upon all license holders regarding ethical co nduct when facilitating a real estate transaction.