32-2127. Licenses for additional places of business; branch office manager; broker's temporary absence
A. When a broker maintains more than one place of business within the state he shall be required to procure an additional license for each branch office maintained.
B. Branch office licenses shall be issued in the same name as the principal office license is issued, and the license must be posted in the branch office. Branch office signs shall conform to the provisions for the principal office and shall include the designation " branch office" .
C. Each branch office shall be under the management of a broker or a licensed salesman.
D. If a designated broker is unable to act within twenty-four hours, he may designate a licensee whom he employs or another designated broker to act in his behalf. The designated broker shall make this designation in writing and shall keep the original designation at his office for one year from its effective date. A copy of this designation must be attached to any hire, sever or renewal form submitted to the department which is signed by the designated broker's designee. This designation shall not exceed thirty days' duration and may authorize the designee to perform any and all duties the designated broker may legally perform, except that a salesperson shall not be authorized to hire or sever licensees. A written designation is required for each temporary absence.
Section: Previous 32-2123 32-2124 32-2125 32-2125.01 32-2125.02 32-2125.03 32-2126 32-2127 32-2128 32-2129 32-2130 32-2131 32-2132 32-2133 32-2134 NextLast modified: October 13, 2016