Sec. 1. A broker company and its managing broker are responsible under this article for the actions of any broker who is associated with the broker company. Any broker company that maintains two (2) or more separate offices for associated licensees shall notify the commission of the name and address of the broker who manages each office.
As added by Acts 1979, P.L.248, SEC.1. Amended by P.L.127-2012, SEC.20; P.L.116-2015, SEC.5.
Structure Indiana Code
Title 25. Professions and Occupations
Article 34.1. Real Estate Brokers and Salespersons
25-34.1-4-0.5. Prerequisites to Becoming a Managing Broker
25-34.1-4-0.6. Real Estate Schools
25-34.1-4-1. Responsibilities of Broker Company
25-34.1-4-2. Partnership, Corporation, or Limited Liability Company as Broker Company
25-34.1-4-3.1. Individuals Who Became Managing Brokers on July 1, 2014