61-2-18. Actions for recovery of compensation restricted.
(1) No person may bring or maintain an action in any court of this state for the recovery
of a commission, fee, or compensation for any act done or service rendered which is prohibited
under this chapter to other than licensed principal brokers, unless the person was duly licensed as
a principal broker at the time of the doing of the act or rendering the service.
(2) No sales agent or associate broker may sue in his own name for the recovery of a fee,
commission, or compensation for services as a sales agent or associate broker unless the action is
against the principal broker with whom he is or was licensed. Any action for the recovery of a
fee, commission, or other compensation may only be instituted and brought by the principal
broker with whom the sales agent or associate broker is affiliated.
Amended by Chapter 162, 1985 General Session
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Last revised: Thursday, May 28, 2009