2009 April No.20 – BROKER COMPLIANCE


20 The license of a broker that is a corporation or association can be revoked by operation of law if it fails for _____ continuous days to have at least one officer of the corporation or association who holds a valid individual broker license.

A. 30

B. 60

C. 120

D. 160

E. 180

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The Answer is: C

Citation: 19 CFR 111.45(a)

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