36-21A-47 Restricted broker's license--Termination and prosecution if licensee exceeds authority.
Restricted broker's license--Termination and prosecution if licensee exceeds
The commission may promulgate rules pursuant to chapter 1-26 to provide for the issuance
of a restricted broker's license to auctioneers, property managers, mortgage brokers, or time-share
or residential-rental agents. The licensee may perform only those duties specified by the license. If
the licensee exceeds the authority granted, the license may be terminated and criminal proceedings
brought against the licensee.
Source: SL 1992, ch 273, § 47; SL 2013, ch 177, § 18.