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Michigan Administrative Code (Last Updated: November 16, 2016) |
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Department LR. Licensing and Regulatory Affairs |
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Bureau of Professional Licensing |
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Chapter Real Estate Brokers and Salespersons |
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Part 4. ENFORCEMENT |
Section 339.22405. Suspension or revocation of licenses; forwarding of pocket cards and licenses to department.
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A salesperson or associate broker, upon notice of suspension or revocation of his or her license, shall immediately forward his or her pocket card, and the broker to whom the individual was licensed shall immediately forward the salesperson's or associate broker's license, to the department. If the suspended or revoked license is that of a broker or the associate broker who is the sole associate broker for a partnership, corporation, association, common law trust, or a combination of such entities, the broker or associate broker shall forward to the department his or her license and pocket card, the licenses and pocket cards of all salespersons, except as provided in R 339.22211(2), and nonprincipal associate brokers issued under the broker, and all the branch office licenses.
History: 1991 AACS.