HOUSE BILL NO. 20
AS AMENDED BY HOUSE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 29, TITLE 24 OF THE DELAWARE CODE RELATING TO CERTIFICATION OF LICENSURE FOR REAL ESTATE SALESPERSONS, AND THEIR RETENTION ON AN INACTIVE LIST.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §2920, Chapter 29, Title 24 of the Delaware Code by striking the first sentence of the fourth paragraph starting with the words "Upon the payment of ..." and inserting in lieu thereof the following new sentence:
"Upon the payment of a fee of 510.00 per year or $20.00 for two years, the Commission shall list any real estate salesperson who is discharged or terminates his employment with a real estate broker on an inactive list for a period of no more than two years."
Approved July 14, 1981.