La. Admin. Code tit. 46 § LXVII-2101

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

Section LXVII-2101 - Broker or Salesperson License; Timeshare Interest Salesperson Registration

A. A broker may be concurrently licensed as an individual and as the designated qualifying broker of one or more corporations, limited liability companies, and/or partnerships.

B. Associate brokers and salespersons shall not be sponsored by more than one sponsoring broker.

C. A real estate license and a timeshare interest salesperson registration shall not be issued concurrently to any person. A broker shall not concurrently conduct real estate activities as an individual real estate broker and as an associate broker exclusively affiliated with another real estate broker.

La. Admin. Code tit. 46, § LXVII-2101

Promulgated by the Department of Economic Development, Real Estate Commission, LR 26:42 (January 2000), amended by the Office of the Governor, Real Estate Commission, LR 32:1450 (August 2006), repromulgated LR 37:3003 (October 2011).

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