Ch. 3

LAWS OF MARYLAND

THE COMMISSION, IN ACCORDANCE WITH THE STATE BUDGET, MAY
EMPLOY AN INVESTIGATIVE STAFF TO CONDUCT INVESTIGATIONS.

(C) EMPLOYMENT RESTRICTIONS.

WHILE EMPLOYED BY THE COMMISSION,. AN INDIVIDUAL MAY NOT:

(1)  BE LICENSED IN ANY STATE AS A REAL ESTATE BROKER,
AN ASSOCIATE REAL ESTATE BROKER, OR A REAL ESTATE SALESPERSON;

(2)  ENGAGE IN ANY ACT FOR WHICH A LICENSE IS REQUIRED
UNDER THIS TITLE; OR

(3)   IN CONNECTION WITH ANY REAL ESTATE TRANSACTION,
DIRECTLY OR INDIRECTLY RECEIVE OR BECOME ENTITLED TO RECEIVE ANY
FEE, PERQUISITE, OR COMPENSATION.

REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 4-206.

There are no changes.

Defined terms: "Associate real estate broker" § 16-101

"Commission" § 16-101 "License" § 16-101

"Real estate" § 16-101 "Real estate broker" § 16-101

"Real estate salesperson" § 16-101

"State" § 1-101

16-207. 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.

REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 4-207.

There are no changes.

Defined terms: "Commission" § 16-101
"License" § 16-101 "Person" § 1-101

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