58-3042. License nontransferable; only individuals licensed; primary office; supervising broker.
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58-3042. License nontransferable; only individuals licensed; primary office; supervising broker.
(a)No real estate license shall give authority to any person other than the person to whom the license is issued.
(b)No license shall be granted to an association, corporation, limited liability company, limited liability partnership, partnership or professional corporation. Each person who is an owner, officer or member of an association, corporation, limited liability company, limited liability partnership, partnership or professional corporation and who performs any act described in subsection
(f)of K.S.A. 58-3035 , and amendments thereto, and each person who is employed by or associated with an association, corporation, limited liability company, limited liability partnership, partnership or professional corporation and who performs any act described in subsection
(f)of K.S.A. 58-3035 , and amendments thereto, shall be a licensed broker or licensed salesperson.
(c)If any person who is an owner, officer or member of an association, corporation, limited liability company, limited liability partnership or professional corporation performs any act described in subsection
(f)of K.S.A. 58-3035 , and amendments thereto, a primary office shall be established and a supervising broker shall be designated pursuant to K.S.A. 58-3060 , and amendments thereto, to supervise the office and any employed or associated salespersons or associate brokers and the supervising broker shall obtain approval for the supervising broker's business name or trade name pursuant to K.S.A. 58-3079 , and amendments thereto.