Idaho § 54-2070 - Augmentation of fund

Full text of Idaho Idaho Statutes § 54-2070 — Augmentation of fund, with citation guidance and answers to common questions.

§ 54-2070. Augmentation of fund

Upon the original application or renewal of every real estate broker’s, associate broker’s and salesperson’s license for a two (2) year period, the licensee shall pay, in addition to the original or renewal license fee, a fee of twenty dollars ($20.00). Such additional fees and all education fees charged and collected for tuition or registration, course materials and such other fees involved with the commission education programs shall be paid into the state treasury and credited to the occupational licenses fund, except for such funds as are required to maintain a balance of twenty thousand dollars ($20,000) in the real estate recovery fund as provided for in section 54-2069 , Idaho Code.

[54-2070, added 2000, ch. 285, sec. 3, p. 949; am. 2021, ch. 224, sec. 53, p. 678.]

Source: official Idaho text · Last verified 2026-08-27

Frequently Asked Questions About Idaho § 54-2070

What does Idaho Statutes § 54-2070 cover?

Section 54-2070 ("Augmentation of fund") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Idaho § 54-2070?

A common citation format is "Idaho Statutes § 54-2070" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Idaho law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.

How does Idaho § 54-2070 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.