TITLE 5
Businesses and Professions
CHAPTER 5-20.5
Real Estate Brokers and Salespersons
SECTION 5-20.5-9
§ 5-20.5-9 Temporary license issued to
representative of deceased broker.
In the event of the death of a licensed real estate broker who is the sole
proprietor of a real estate business, the director shall, upon application by
his or her legal representative, issue, without examination, a temporary
license to that legal representative, or to an individual designated by him or
her and approved by the director, upon filing of the required bond and the
payment of the prescribed fee, which authorizes the temporary licensee to
continue to transact the business for a period not to exceed one year from the
date of death.
History of Section.
(P.L. 1973, ch. 215, § 2.)