The revocation or suspension of a principal broker's license shall automatically render inactive every license granted to any person by virtue of association with the principal broker whose license has been revoked or suspended, pending a change of principal broker and the issuance of a new license. Such new license shall be issued without charge, if granted during the same year in which the original license was granted.
KRS 324.230
Amended 2000, Ky. Acts ch. 488, sec. 21, effective7/14/2000. -- Amended 1982 Ky. Acts ch. 196, sec. 25, effective 7/15/1982. -- Amended 1978 Ky. Acts ch. 172, sec. 8, effective 6/17/1978. -- Amended 1976 Ky. Acts ch. 100, sec. 19. -- Amended 1942 Ky. Acts ch. 184, secs. 3 and 11. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 3990e-5.