Except as provided in section 6 of this chapter, to become a managing broker, an individual must:
- (1) hold an active broker's license for at least three (3) years;
- (2) take and pass at least twenty-four (24) hours of broker management courses approved by the commission; and
- (3) pass a written examination prepared and administered by the commission or its duly appointed agent.
As added by P.L.127-2012, SEC.19. Amended by P.L.116-2015, SEC.4; P.L.166-2025, SEC.2.