58-3080. Licenses of certain licensees placed on inactive status, when.
- Except as provided in subsection (c), when the license of a supervising
broker or branch broker expires or is deactivated, the licenses of
all licensees associated with or employed by the supervising broker
or branch broker shall automatically be placed on inactive status
within five calendar days after written notice is issued by the commission
to the associated or employed licensee unless notification is provided
to the commission prior to the expiration date of the license or the
date the license is deactivated that another broker will assume the
role as the supervising broker or branch broker or the licensee transfers
to another supervising broker or branch broker.
- If notification is not received by the commission prior to the
expiration date or deactivation date of the supervising broker's or
branch broker's license that another broker will act as supervising
broker or branch broker, the supervising broker or branch broker whose
license expires or is deactivated shall return to the commission the
licenses of all licensees associated or employed by the supervising
broker or branch broker before or immediately upon the expiration
date or deactivation date of the supervising broker's or branch broker's
license.
- If deactivation is a condition imposed upon the license of a supervising
or a branch broker by order of the commission pursuant to K.S.A. 58-3050,
and amendments thereto, the commission may authorize another broker
to act as the supervising broker or branch broker during the period
of deactivation. If another broker is not authorized to act as the
supervising broker or branch broker during the period of deactivation,
the supervising broker or branch broker shall return to the commission
the licenses of all licensees associated with or employed by the supervising
broker or branch broker within five calendar days of the effective
date of the commission's order of deactivation.
- The provisions of this section shall be a part of and supplemental
to the Kansas real estate brokers' and salespersons' license act.
(History: L. 2007, ch. 88, § 11; L. 2009, ch. 7 § 5; July
1.)
