2021 District of Columbia Code
Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
Chapter 28 - General License Law
Subchapter I-B - Non-Health Related Occupations and Professions Licensure
Part O - Special Rules for Real Estate Brokers, Real Estate Salespersons, and Property Managers
§ 47–2853.187. Effect of corporate, partnership, or association license revocation or suspension
In the event of the revocation or suspension of a license issued to a real estate firm, franchise, partnership, association, or corporation, the license issued to the principal real estate broker, or any member of a partnership or director or officer of an association or corporation, shall be summarily revoked or suspended by the Mayor, unless:
(1) In a partnership, the connection with the member whose license has been revoked or suspended is severed within the time prescribed by the Mayor, and his or her participation in the partnership’s activities is terminated; or
(2) In an association or corporation, the director or officer whose license has been revoked or suspended is discharged and he or she has no further participation in the association’s or corporation’s activities.
(Apr. 20, 1999, D.C. Law 12-261, § 1002, 46 DCR 3142.)
Prior Codifications1981 Ed., § 47-2853.187.
