648 LAWS OF MARYLAND. [CH. 391

num; if for less than five years, two thousand dollars per
annum. A retired judge who is receiving a pension under
this section shall not hold any public office from which he
receives a salary.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1941.

Approved May 29, 1941.

CHAPTER 391.
(Senate Bill 527)

AN ACT to repeal and re-enact with amendments, Sections
343, 350, 352, 355, 3, 56, 358 and 359 of Article 56 of the
Annotated Code of Maryland (1939 Edition), title "Li-
censes", sub-title "Real Estate Brokers", and to repeal
sub-section (c) of Section 353 of said Article, to amend
the law relating to real estate brokers generally.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Sections 343, 350, 352, 355, 356, 358 and
359, of Article 56 of the Annotated Code of Maryland (1939
Edition), title "Licenses", sub-title "Real Estate Brokers",
be and they are hereby repealed and re-enacted with
amendments to read as follows:

343. (Definitions. ) (a) "Real estate broker" shall
mean any person, association, co-partnership or corpora-
tion, foreign or domestic, who for another and for a fee,
commission or any other valuable consideration sells, pur-
chases, exchanges, leases, rents or collects rent for the use
of real estate or who attempts or who offers by verbal
solicitation, advertisement or otherwise to perform any
such functions or who is regularly engaged in the business
of dealing and trading in real estate or leases and options
thereon, or who is engaged in the business of subdividing
and selling land in building lots or sites, whether such
real estate is located in this or any other State or the Dis-
trict of Columbia.

(b) "Real estate salesman" shall mean any person em-
ployed either directly or indirectly by a real estate broker,
either on a part or full time basis, to perform any act or
acts authorized by this sub-title to be performed by a real
estate broker.