Current through Register Vol. 50, No. 12, December 20, 2024
Section LXVII-1703 - Financial Obligations; Commissions and Dues; DisputesA. The commission shall not intervene or become otherwise involved in employment disputes or disputes pertaining to financial obligations that are the result of a business relationship between a broker and a sponsored licensee or a timeshare developer and timeshare sales registrant, including the payment of commissions and dues to professional organizations. Such disputes shall be settled by the respective parties or by a court of competent jurisdiction.B. Employment disputes or disputes over financial obligations, commissions, or dues shall not be cause for the failure of a sponsoring broker to return a license or registration to the commission.La. Admin. Code tit. 46, § LXVII-1703
Promulgated by the Department of Economic Development, Real Estate Commission, LR 26:41 (January 2000), amended by the Office of the Governor, Real Estate Commission, LR 32:1449 (August 2006), repromulgated LR 37:3002 (October 2011).AUTHORITY NOTE: Promulgated in accordance with R.S. 37:1431 et seq.