1. (a) Each real estate school approved under this chapter to conduct a prelicensing broker course must have a permit issued by the commission.

2. (b) A real estate school issued a permit under subsection (a) must meet the following requirements:

   1. (1) For online courses, an instructor that has been issued a permit under this chapter must be available during normal business hours.
   2. (2) Course rosters must be provided to the commission each month.
   3. (3) The school must pay the permit fees established by the commission under subsection (d).
3. (c) To remain in effect, a permit issued under this section must be renewed by the commission before its expiration under section 7(a) of this chapter.
4. (d) The commission shall establish, by rule adopted under IC 4-22-2 , fees for permits under this section.
5. (e) A school must annually file with the commission a list of courses offered by the school.

As added by P.L.200-2013, SEC.9. Amended by P.L.2-2014, SEC.113; P.L.116-2015, SEC.15.