Any licensee whose original license is issued on inactive status shall not be required to pay a real estate recovery fund fee for that license until such time as the license is activated. For such a license to be activated, the initial recovery fund fee and any supplemental recovery fund fee shall be submitted to the Commission along with all other appropriate documentation and fees.

Author: Edward George

Statutory Authority: Code of Ala. 1975, §§34-27-8, 34-27-31.

History: Filed August 15, 1985.