324.312 Commission's right to return of associate's license -- Sanction for failure to
82 words·~1 min read·
/ky/324-312A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
return.
(1)A principal broker shall return an associate's license to the commission
immediately:
(a)Upon the written termination of the association between the broker and the
associate; or
(b)At any time upon the commission's request.
(2)If a principal broker fails to return a license to the commission as required by
subsection
(1)of this section within five
(5)business days, the commission shall
consider the license as released, and the principal broker shall be in violation of
KRS 324.160(4)(u).