§30-40-27. Duration of Existing Licenses
Any valid license issued by the commission to a broker, associate broker or salesperson pursuant to the provisions of article twelve, chapter forty-seven of this code prior to the effective date of this article shall continue to be valid until June 30, 2002.
§30-40-17. Place of Business; Branch Offices; Display of Certificates; Custody of License Certificates; Change of Address; Change of Employer by a Salesperson or Associate Broker; License Certificates; Term of License
(a) Every person holding a broker's license under the provisions of this article shall: (1) Have and maintain a definite place of business within this state, which shall be a room or rooms used for the transaction of real estate business and any allied business. The definite place of business shall be designated in the […]
§30-40-18. Trust Fund Accounts
(a) Every person licensed as a broker under the provisions of this article who does not immediately deliver all funds received, in relation to a real estate transaction, to his or her principal or to a neutral escrow depository shall maintain one or more trust fund accounts in a recognized financial institution and shall place […]
§30-40-19. Refusal, Suspension or Revocation of a License
(a) The commission shall have full power to refuse a license for reasonable cause or to revoke, suspend or impose any other sanction against a licensee if the licensee: (1) Obtains, renews or attempts to obtain or renew a license, for himself, herself or another, through the submission of any application or other writing that […]
§30-40-20. Complaints; Investigation
(a) The commission may upon its own motion and shall upon the filing of a complaint setting forth a cause of action under this article, or the rules promulgated thereunder, ascertain the facts and if warranted hold a hearing for the suspension or revocation of a license, or the imposition of sanctions against a licensee: […]
§30-40-21. Hearings; Judicial Review; Cost of Proceedings
(a) Hearings shall be conducted in accordance with the provisions of article five, chapter twenty-nine-a of this code and the commission's rules. (b) Hearings shall be held at a time and place determined by the commission, but in no event less than thirty days after the notice of hearing is given. (c) Any member has […]
§30-40-22. Penalties for Violations
(a) Any person violating a provision of this article or the commission's rules is guilty of a misdemeanor. Any person convicted of a first violation shall be fined not less than $1,000 nor more than $2,000, or confined in the county or regional jail not more than ninety days, or both fined and confined; (b) […]
§30-40-23. Single Act Evidence of Practice
One act by any person in consideration of receiving compensation, or with the expectation or intention of receiving such compensation, or upon the promise of receiving compensation for any act or service contained in this article shall constitute and consider the person a broker, associate broker or salesperson subject to the provisions of this article.
§30-40-24. Injunctions; Criminal Proceedings
(a) Whenever the commission or other interested person believes that any person has engaged, is engaging or is about to engage in any act that constitutes a violation of this article, the commission or other interested person may make application to any court of competent jurisdiction for an order enjoining the acts or services. Upon […]
§30-40-25. Collection of Compensation
No person may bring or maintain any action in any court of this state for the recovery of compensation for the performance of any act or service for which a broker's license is required, without alleging and proving that he or she was the holder of a valid broker's license at all times during the […]