WILLIAM DONALD SCHAEFER, Governor Ch. 563

these individuals conduct investigations, not
inspections. Accordingly, the former cross-reference
to "§ 224(a)" is deleted.

Also in subsection (b) of this section, the former
reference to the investigative staff being in the
"classified employees system" is deleted as
superfluous.

In subsection (c)(1) of this section, the reference to
an "associate real estate broker" is added in
conformity with provisions added throughout this title
to provide a licensing scheme for associate real
estate brokers. See the General Subcommittee Comment
to this title.

Defined terms: "Associate real estate broker" § 4-101

"Commission" § 4-101 "License" § 4-101

"Real estate" § 4-101 "Real estate broker" § 4-101

"Real estate salesperson" § 4-101

"Secretary" § 1-101 "State" § 1-101

4-207. CODE OF ETHICS.

(A)  IN GENERAL.

TO PROTECT THE INTERESTS OF THE PUBLIC, THE COMMISSION SHALL
ADOPT, BY REGULATION, A CODE OF ETHICS TO SET STANDARDS OF
CONDUCT FOR ALL INDIVIDUALS LICENSED UNDER THIS TITLE.

(B)  DISTRIBUTION.
THE COMMISSION:

(1)  AT LEAST ONCE EVERY 2 YEARS, SHALL PROVIDE A COPY
OF THE CODE OF ETHICS TO EACH LICENSEE; AND

(2)  ON REQUEST OF ANY PERSON, SHALL MAKE AVAILABLE A
COPY OF THE CODE OF ETHICS TO THAT PERSON.

SUBCOMMITTEE COMMENT: Subsection (a) of this section is new
language substituted for former Art. 56, § 229A, which
required the Commission to adopt a Code of Ethics "on
or before June 1, 1967" and allowed the Commission to
amend that Code. The substituted language clarifies
that the existing Code is to be amended or superseded
by adoption of regulations. See Title 10, Subtitle 1
of the State Government Article. The substituted
language also ensures that an amended or new Code
adheres to the purpose of the original Code — i.e.,
"[t]o protect the interests of the public" -- and its

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