2010 October No.74 – BROKER COMPLIANCE


74 What is the maximum continuous period of time that a corporation can operate without at least one officer who holds a valid individual broker’s license?

A. 30 calendar days

B. 60 calendar days

C. 120 calendar days

D. 180 calendar days

E. March 31st of the reporting year

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The Answer is: C

Citation: 19 CFR 111.45(a) and (b), 19 CFR 111.30 (d) (4)

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