49 Pa. Code § 35.243. Licensure of branch office.

§ 35.243. Licensure of branch office.

(a)  A broker or cemetery broker may not open a branch office in this Commonwealth without first obtaining a branch office license for that location from the Commission. A broker or cemetery broker who wants to obtain a Pennsylvania branch office license shall submit a completed license application to the Commission with the license fee prescribed in §  35.203 (relating to fees).
(b)  A branch office license will be issued in the name under which the broker or cemetery broker is licensed to conduct business at the main office.
(c)  A branch office license terminates automatically with the suspension, revocation or discontinuance, for whatever reason, of the license of the broker or cemetery broker to whom the branch office license was issued.

Authority

   The provisions of this §  35.243 issued under the Real Estate Licensing and Registration Act (63 P. S. § §  455.101—455.902).

Source

   The provisions of this §  35.243 adopted February 24, 1989, effective February 25, 1989, 19 Pa.B. 781; amended June 10, 1994, effective June 11, 1994, 24 Pa.B. 2904. Immediately preceding text appears at serial pages (135743) to (135744).

Cross References

   This section cited in 49 Pa. Code §  35.241 (relating to general office requirement); and 49 Pa. Code §  43b.8 (relating to schedule of civil penalties—real estate and cemetery brokers, real estate schools).

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