Haw. Code R. § 16-99-5

Current through November, 2024
Section 16-99-5 - Notification and filing of names, addresses, and changes
(a) Each individual licensee shall file with the commission and shall notify the commission of any change in writing, within ten days of the change, on a form provided by the commission:
(1) The licensee's legal name, residence address, and mailing address; and
(2) The name and license number of the brokerage firm with whom the licensee is employed or associated.
(b) Each brokerage firm shall file with the commission:
(1) The address of the brokerage firm's principal place of business and the name and license number of the principal broker and each broker-in-charge;
(2) The address of each branch office;
(3) The name and license number of each licensee employed by or associated with the brokerage firm; and
(4) In the case of a partnership, corporation, or limited liability company, the names and addresses of the partners, officers and directors, or members and managers as the case may be.
(c) Upon closing the principal place of business or a branch office, the principal broker or broker-in-charge shall immediately notify the affected licensees. Within ten days of the date of closing the principal place of business, the principal broker shall provide the commission in writing on a form provided by the commission, the names and license numbers of the affected licensees.
(d) A principal broker or broker-in-charge shall release a licensee from employment or association within ten days upon written request. Any individual licensee who changes employing or associating brokerage firm shall notify the commission in writing, on a form provided by the commission, within ten days of the change, or immediately place the individual's license on inactive status.
(e) Any licensee whose license has been forfeited, suspended, revoked, or terminated shall immediately cease employment and shall return the licensee's wall certificate and identification card to the commission.
(f) A licensee who resides in another state or country shall be subject to receipt of service of process by the principal broker or broker-in-charge on the licensee's behalf.
(g) All changes submitted to the commission pursuant to this section shall be effective as of the dates indicated on a form provided by the commission.
(h) The principal broker or any broker-in-charge of the brokerage firm may sign the form submitted to the commission to report changes pursuant to this section.
(i) A licensee shall be subject to disciplinary action for failure to submit notifications required by this section within ten days of the change.

Haw. Code R. § 16-99-5

[Eff 12/26/74; am and ren § 16-99-5, 4/27/81; am and comp 6/28/82; am and comp 3/3/84; am and comp 11/3/90; comp 2/25/91; am and comp 5/21/01] (Auth: HRS § 467-4) (Imp: HRS §§ 467-1.5, 467-8, 467-11, 467-12)
Am and Comp 12/19/2016