1. (a) When a salesperson whose license status is active enters the sponsorship of a broker, the salesperson and broker whose sponsorship the salesperson has entered shall notify the commission within 10 days, submit the appropriate fee, and request issuance of a new license reflecting the new association. The salesperson may act as the broker's salesperson from the date the notice and fee are mailed or delivered to the commission.
2. (b) When a salesperson whose license status is inactive enters the sponsorship of a broker and the salesperson is subject to mandatory continuing education (MCE) requirements, the salesperson is not returned to active status until MCE requirements are satisfied. A salesperson whose license from an original application was effective prior to August 31, 1991, or whose license was issued from a renewal of a license expiring prior to November 30, 1991, or whose original application or renewal application was subject to educational requirements imposed by the Real Estate License Act (Act) §7, is not subject to MCE requirements as a condition of returning to active status during the term of the license issued from the original application or renewal application. The commission may not issue a license reflecting the sponsorship or otherwise confirm that the salesperson is authorized to act as a real estate agent until the commission has received documentation of satisfaction of any required MCE courses in a form acceptable to the commission and all other requirements have been met to return the salesperson's license to active status. For the purposes of this section, the commission may accept as documentation a course completion certificate or letter from an approved MCE provider or such other proof as is satisfactory to the commission.

Source Note:The provisions of this §535.122 adopted to be effective January 1, 1976; amended to be effective June 1, 1990, 15 TexReg 877; amended to be effective March 1, 1991, 15 TexReg 7436; amended to be effective June 18, 1991, 16 TexReg 3080; amended to be effective May 27, 1998, 23 TexReg 5437.