HB-4113, As Passed House, May 17, 2011HB-4113, As Passed Senate, May 10, 2011
SUBSTITUTE FOR
HOUSE BILL NO. 4113
(As amended, May 5, 2011)
A bill to amend 1980 PA 299, entitled
"Occupational code,"
by amending section 2506 (MCL 339.2506), as amended by 1988 PA 463.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 2506. (1) The department shall deliver or mail the
license
of a real estate salesperson shall be delivered or mailed
to
the real estate broker by whom that
employs the real estate
salesperson, is
employed and the broker shall be kept in the retain
custody
and control of the broker <<the salesperson's certificate
of license and deliver the pocket card for that license to the
salesperson>>. A real estate
broker
shall conspicuously display the real estate broker's license
and
the license of each real estate salesperson employed by the
real
estate broker in the real estate broker's place of business.
Written
notice shall be given A real
estate salesperson shall
provide proof to the broker that employs him or her that the real
House Bill No. 4113 as amended May 5, 2011
estate salesperson was issued and currently holds a real estate
salesperson license.
(2)
A licensee shall give written notice to
the department by
a
licensee of a any change
of either a principal or branch business
location.
(2)
If the department determines that it will be unable to
issue
a real estate salesperson's license under subsection (1)
within
2 weeks after the department determines that the applicant
for
a real estate salesperson's license has met all requirements
for
licensure, or the department is in fact unable to issue the
real
estate salesperson's license within 2 weeks, the department
shall
issue to the applicant, without payment of an additional fee,
a
temporary license pursuant to section 213.
<<(3) As used in this subsection, "pocket card" means the
pocket card that contains information about the license that the
department provides when it issues a license under this article.>>