Bill Text: IN SB0408 | 2015 | Regular Session | Enrolled
Bill Title: Real estate brokers and broker companies. Defines "broker company" as a partnership, limited liability company, corporation, or individual acting as a sole proprietorship that is licensed as a broker and, for consideration, undertakes or offers to undertake certain activities with respect to real estate. Provides that an individual, to obtain a broker license, must associate with a broker company (instead of with a managing broker). Provides that a partnership, a limited liability company, or a corporation, to obtain a broker license, must include a licensed broker who qualifies as a managing broker. Defines "managing broker" as an individual who is
Spectrum: Bipartisan Bill
Status: (Passed) 2015-05-04 - Public Law 116 [SB0408 Detail]
Download: Indiana-2015-SB0408-Enrolled.pdf