N.D. Admin. Code 70-02-01-07

Current through Supplement No. 394, October, 2024

Section 70-02-01-07 - Licensee's duties upon release of license due to cancellation, transfer, suspension, or revocation

Upon release of license or upon notice of suspension, revocation, or cancellation of the license, the designated broker shall destroy the license and remove the licensee's name and licensee's number from the broker's website. If the license is that of a broker, the broker shall also release all licensees associated with the broker. No refund will be made upon any license when released.

N.D. Admin Code 70-02-01-07

Amended effective January 1, 1992; February 1, 2004.

Amended by Administrative Rules Supplement 2022-385, July 2022, effective 7/1/2022.

General Authority: NDCC 28-32-02, 43-23-08, 43-23-11.1(3)

Law Implemented: NDCC 43-23-11.1