La. Admin. Code tit. 46 § LXVII-901

Current through Register Vol. 50, No. 12, December 20, 2024

Section LXVII-901 - Timely Submission of License, Registration, or Certificate Renewal

A. It shall be the responsibility of the individual licensee, registrant, or certificate holder to ensure that the renewal of an individual license, registration, or certificate has been fully completed and timely submitted to the commission with the required fees.

B. The renewal license of a salesperson or associate broker shall not be issued before the license of the sponsoring broker is renewed.

C. A licensee, registrant, or certificate holder who fails to renew by December 31 is prohibited beginning January 1 from engaging in any activities requiring a license, registration, or certificate.

D. A licensee whose sponsoring broker fails to renew by December 31 is prohibited beginning January 1 from engaging in any activities requiring a license until such time as the licensee becomes sponsored by a duly-licensed, sponsoring broker.

La. Admin. Code tit. 46, § LXVII-901

Promulgated by the Department of Economic Development, Real Estate Commission, LR 26:39 (January 2000), amended by the Office of the Governor, Real Estate Commission, LR 32:1447 (August 2006), LR 37:3001 (October 2011), Amended LR 49655 (4/1/2023).

AUTHORITY NOTE: Promulgated in accordance with R.S. 37:1431 et seq.