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S.B. 684
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VETOES
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(6) THE APPLICANT SUBMITS A CONSENT FORM TO SERVICE OF
PROCESS, IN A FORM REQUIRED BY THE COMMISSION.
(B) THE COMMISSION MAY DENY AN APPLICATION FOR A RECIPROCAL
LICENSE IF THE COMMISSION FINDS THAT AN APPLICANT IS NOT OF GOOD
CHARACTER AND CONDUCT BASED ON:
(1) THE APPLICANTS VIOLATION OF A REAL ESTATE LICENSING LAW OF
ANOTHER STATE; OR
(2) THE APPLICANT'S CONVICTION OF A CRIME DESCRIBED IN
SUBSECTION (A)(4)(II) OF THIS SECTION; OR
(3) THE APPLICANTS BEING THE SUBJECT OF A DISCIPLINARY
PROCEEDING IN ANOTHER JURISDICTION.
17-3A-05.
A REAL ESTATE SALESPERSON OR ASSOCIATE REAL ESTATE BROKER HOLDING
A RECIPROCAL LICENSE MAY NOT CONDUCT BUSINESS IN THE STATE EXCEPT IN
AFFILIATION WITH A REAL ESTATE BROKER HOLDING A STANDARD OR RECIPROCAL
LICENSE.
17-3A-06.
IF THE APPLICANT FOR A RECIPROCAL REAL ESTATE BROKER LICENSE IS A
CORPORATION, PARTNERSHIP, OR OTHER ENTITY, THE APPLICANT SHALL
DESIGNATE IN ITS APPLICATION A REAL ESTATE BROKER HOLDING A STANDARD OR
RECIPROCAL REAL ESTATE BROKER LICENSE.
17-3A-07. 17-3A-06.
(A) THIS SUBTITLE MAY BE IMPLEMENTED BY WRITTEN RECIPROCAL
LICENSING AGREEMENTS WITH THE REAL ESTATE LICENSING AUTHORITIES OF
OTHER STATES.
(B) THE COMMISSION SHALL ENTER INTO AN AGREEMENT TO PROVIDE A
LICENSEE OF THIS STATE WITH THE OPPORTUNITY TO SECURE A LICENSE IN
ANOTHER STATE THAT IS SUBSTANTIALLY COMPARABLE TO THE OPPORTUNITY
AFFORDED TO A LICENSEE OF THE OTHER STATE BY THIS SUBTITLE.
(C) (B) SUBJECT TO § 17-3A-08 § 17-3A-07 OF THIS SUBTITLE, THE
COMMISSION IS NOT REQUIRED TO ENTER INTO AN AGREEMENT WITH ANOTHER
STATE BEFORE ISSUING A RECIPROCAL LICENSE TO A LICENSEE FROM THAT OTHER
JURISDICTION.
17-3A-08. 17-3A-07.
(A) SUBJECT TO SUBSECTION (B) OF THIS SECTION, IF THE COMMISSION
DETERMINES THAT ANOTHER STATE DOES NOT OFFER RECIPROCAL LICENSURE
OPPORTUNITIES TO A LICENSEE OF THIS STATE THAT ARE SUBSTANTIALLY
COMPARABLE TO THOSE AFFORDED TO LICENSEES OF THAT OTHER STATE BY THIS
SUBTITLE, THE COMMISSION SHALL REQUIRE THAT RECIPROCAL LICENSE
APPLICANTS FROM THAT OTHER STATE MEET EDUCATION, EXPERIENCE, AND
- 3194 -
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