US Lawyer Database

§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 […]

§30-40-7. General Powers and Duties

The commission has all the powers set forth in article one of this chapter and in addition: (a) May sue and be sued in its official name as an agency of this state; (b) Shall employ an executive director and shall fix his or her compensation subject to the general laws of this state. The […]

§30-40-8. Rule-Making Authority

(a) The commission may propose rules for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code which are necessary for the conduct of its business, the holding of hearings and for the general implementation, enforcement and administration of the provisions of this article, including, but not limited to, establishing, […]

§30-40-9. Fees; Special Revenue Account; Administrative Fines

(a) All fees and other moneys, except administrative fines, received by the commission shall be deposited into the treasury of the state, at least once each month, into a special revenue fund known as the "real estate license fund" which is continued. (b) Except as may be provided in section ten, article one of this […]

§30-40-11. Application for License

The commission shall only issue an original license to an applicant if he or she: (a) Submits an application, in writing, in a form prescribed by the commission which must contain, but is not limited to: (1) The applicant's social security number;

§30-40-12. Qualifications for Broker's License

(a) An applicant for a broker's license shall: (1) Have served an apprenticeship as a licensed salesperson for two years or shall produce evidence satisfactory to the commission, in its sole discretion, of real estate experience equivalent to two years full-time experience as a licensed salesperson;

§30-40-14. Prelicense Education

(a) Applicants for a broker's license shall provide evidence satisfactory to the commission that he or she has completed at least one hundred eighty clock-hours, equivalent to twelve college semester credit hours, in a course or courses approved by the commission: Provided, That an applicant for a broker's license who holds a salesperson's license in […]

§30-40-15. Licensing Nonresidents

(a) The commission may recognize a valid license issued by another jurisdiction as satisfactorily qualifying a nonresident person to obtain a comparable license in this state: Provided, That the nonresident has qualified for original license in his or her jurisdiction of residence by examination and by complying with all the provisions for obtaining an original […]