Current through October 17, 2024
Section 12 AAC 64.077 - Broker authorization of license applications(a) Except as provided in (c) of this section, only the registered broker of an office may employ or terminate a licensed associate broker or salesperson.(b) An applicant applying to work in a branch office shall submit to the commission the Employing Broker Information form of the application signed by the registered broker and the associate broker in charge of the branch office. This form may be signed digitally and may be submitted either by electronic mail or regular united states mail.(c) When the registered broker of an office notifies the commission office in advance of an absence from the office, the broker or an associate broker designated by the registered broker to supervise transactions or licensees during the broker of record's absence may sign for the broker of record on a license application.Eff. 7/16/94, Register 131; am 2/12/99, Register 149; am 9/9/2021, Register 239, October 2021Authority:AS 08.88.081
AS 08.88.171
AS 08.88.291
AS 08.88.311