Texas § OC.1101.366 - INACTIVE LICENSE
Full text of Texas The Texas Constitution § OC.1101.366 — INACTIVE LICENSE, with citation guidance and answers to common questions.
§ OC.1101.366. INACTIVE LICENSE
INACTIVE LICENSE: BROKER. (a) The commission may place on inactive status the license of a broker if the broker: (1) is not acting as a broker; (2) is not sponsoring a sales agent; and (3) submits a written application to the commission before the expiration date of the broker's license. (b) The commission may place on inactive status the license of a broker whose license has expired if the broker applies for inactive status on a form prescribed by the commission not later than six months after the expiration date of the broker's license. (c) A broker applying for inactive status shall terminate the broker's association with each sales agent sponsored by the broker by giving written notice to each sales agent before the 30th day preceding the date the broker applies for inactive status. (d) A broker on inactive status: (1) may not perform any activity regulated under this chapter; and (2) must pay renewal fees. (e) The commission shall maintain a list of each broker whose license is on inactive status. (f) The commission shall remove a broker's license from inactive status if the broker: (1) submits an application to the commission; (2) pays the required fee; and (3) submits proof of attending continuing education as specified by Section 1101.455 during the two years preceding the date the application under Subdivision (1) is filed. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by: Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699 ), Sec. 42, eff. January 1, 2016.
Frequently Asked Questions About Texas § OC.1101.366
What does The Texas Constitution § OC.1101.366 cover?
Section OC.1101.366 ("INACTIVE LICENSE") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § OC.1101.366?
A common citation format is "The Texas Constitution § OC.1101.366" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § OC.1101.366 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.