2006 October No.40 – BROKER COMPLIANCE


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. 120

B. 160

C. 60

D. 30

E. 180

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The Answer is: A

Citation: 19 CFR 111.45(a)

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