Texas § OC.1101.367 - INACTIVE LICENSE
Full text of Texas The Texas Constitution § OC.1101.367 — INACTIVE LICENSE, with citation guidance and answers to common questions.
§ OC.1101.367. INACTIVE LICENSE
INACTIVE LICENSE: SALES AGENT. (a) When the relationship of a sales agent with the sales agent's sponsoring broker terminates, the terminating party shall immediately notify in writing both the other party and the commission. On receiving the written notice, the commission shall place the sales agent license on inactive status. (b) The commission may return a sales agent license to active status under Subsection (a) if, before the expiration date of the sales agent license, a licensed broker files a request with the commission advising the commission that the broker assumes sponsorship of the sales agent, accompanied by the appropriate fee. (c) As a condition of returning to active status, an inactive sales agent whose license is not subject to the education requirements of Section 1101.454 must provide to the commission proof of attending continuing education as specified by Section 1101.455 during the two years preceding the date the application to return to active status is filed. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 15, Sec. 6, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1276, Sec. 14A.158(c), eff. Sept. 1, 2003. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1064 (S.B. 747 ), Sec. 11, eff. September 1, 2011. Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699 ), Sec. 43, eff. January 1, 2016. SUBCHAPTER I. EXAMINATIONS
Frequently Asked Questions About Texas § OC.1101.367
What does The Texas Constitution § OC.1101.367 cover?
Section OC.1101.367 ("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.1101.367?
A common citation format is "The Texas Constitution § OC.1101.367" (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.1101.367 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.