58-3081. Suspension or revocation of certain licenses; effect on associated
or employed licensees.
- When the license of a supervising broker or branch broker is suspended
or revoked, 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
for the duration of the suspension or revocation, unless the licensee
transfers to another supervising broker or branch broker. If deemed
in the public interest until pending transactions are closed, the
commission may authorize another broker to act as the supervising
or branch broker during any period of suspension or revocation.
- If another broker is not authorized by the commission to act as
the supervising broker or branch broker during the period of suspension
or revocation, the supervising broker or branch broker whose license
is suspended or revoked shall return to the commission the licenses
of all licensees associated or employed by the supervising broker
or branch broker within five calendar days of the effective date of
the order of suspension or revocation.
- 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; July 1.)
