Except as provided in section 6 of this chapter, to become a managing broker, an individual must:

1. (1) hold an active broker's license for at least two (2) years; and
2. (2) take and pass at least twenty-four (24) hours of broker management courses approved by the commission.

As added by P.L.127-2012, SEC.19. Amended by P.L.116-2015, SEC.4.