Associate real estate broker's license; issuance to principal and nonprincipal; limitation.
MCL 339.2509
in effect339.2509. Associate real estate broker's license; issuance to principal and nonprincipal; limitation.
Sec. 2509.
(1) The department may issue more than 1 associate real estate broker's license to principals of a real estate broker.
(2) An individual shall not hold more than 1 associate real estate broker's license as a nonprincipal, but an individual may hold 1 or more associate real estate broker's licenses as a principal.
1980, Act 299, Imd. Eff. Oct. 21, 1980; Am. 1988, Act 16, Imd. Eff. Feb. 18, 1988; Am. 2016, Act 502, Eff. Mar. 29, 2017
[PopularName] Act 299
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-339-2509Fetched: 10/20/2026
