339.2509 Associate real estate broker's license; issuance to principal and nonprincipal; limitation.Sec. 2509. (1) The department may issue more than 1 associate real estate broker's license to principals of a real estate broker. (2) An individual shall not hold more than 1 associate real estate broker's license as a nonprincipal, but an individual may hold 1 or more associate real estate broker's licenses as a principal. History: 1980, Act 299, Imd. Eff. Oct. 21, 1980 ;-- Am. 1988, Act 16, Imd. Eff. Feb. 18, 1988 ;-- Am. 2016, Act 502, Eff. Mar. 29, 2017 Popular Name: Act 299
Michigan Legal Code