Sec. 0.5. Except as provided in section 6 of this chapter, to become a managing broker, an individual must:

(1) hold an active broker’s license for at least two (2) years; and

Terms Used In Indiana Code 25-34.1-4-0.5

  • Broker: means a person who:

    Indiana Code 25-34.1-1-2

  • Commission: means the Indiana real estate commission. See Indiana Code 25-34.1-1-2
  • License: means a broker license issued under this article and which is not expired, suspended, or revoked. See Indiana Code 25-34.1-1-2
(2) take and pass at least twenty-four (24) hours of broker management courses approved by the commission.

As added by P.L.127-2012, SEC.19. Amended by P.L.116-2015, SEC.4.