61-2-8. Discharge of associate broker or sales agent by principal broker -- Notice.
If an associate broker or sales agent is discharged by a principal broker, the principal
broker shall, within three days, send the division a signed statement notifying the division of the
discharge. The principal broker shall address a communication to the last-known residence
address of that associate broker or sales agent advising him that notice of his termination has been
delivered or sent to the division. It is unlawful for any associate broker or sales agent to perform
any of the acts under this chapter, directly or indirectly, from and after the date of receipt of the
termination notice until affiliation with a principal broker has been established.
Amended by Chapter 86, 2000 General Session
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Last revised: Thursday, May 28, 2009