§ 25-34.1-2-5 — Powers of commission

Indiana § 25-34.1-2-5

• Jurisdiction: Indiana
• Title 25: PROFESSIONS AND OCCUPATIONS
• Art. 34.1: REAL ESTATE BROKERS AND
• Ch. 2: Creation of Commission

Text

The commission may:
(1) administer and enforce the provisions of this article;
(2) adopt rules in accordance with IC 4-22-2 and prescribe forms
for licenses, applications, and other documents which are
necessary or appropriate for the administration and enforcement
of this article;
(3) issue, deny, suspend, and revoke licenses in accordance with
this article, which licenses shall remain the property of the
commission;
(4) subject to IC 25-1-7, investigate complaints concerning
licensees or persons the commission has reason to believe should
be licensees, including complaints respecting failure to comply
with this article or the rules, and, when appropriate, take action
pursuant to IC 25-34.1-6;
(5) bring actions, in the name of the state of Indiana, in an
appropriate circuit court, superior court, or probate court in order
to enforce compliance with this article or the rules;
(6) inspect the records of a licensee in accordance with rules and
standards prescribed by the commission;
(7) conduct, or designate a member or other representative to
conduct, public hearings on any matter for which a hearing is
required under this article and exercise all powers granted in IC 4-21.5;
(8) adopt a seal containing the words "Indiana Real Estate
Commission" and, through its executive director, certify copies
and authenticate all acts of the commission;
(9) utilize counsel, consultants, and other persons who are
necessary or appropriate to administer and enforce this article and
the rules;
(10) enter into contracts and authorize expenditures that are
necessary or appropriate, subject to IC 25-1-6, to administer and
enforce this article and the rules;
(11) maintain the commission's office, files, records, and property
in the city of Indianapolis;
(12) grant, deny, suspend, and revoke approval of examinations
and courses of study as provided in IC 25-34.1-5;
(13) provide for the filing and approval of surety bonds which are
required by IC 25-34.1-5;
(14) adopt rules in accordance with IC 4-22-2 necessary for the
administration of the investigative fund established under IC 25-34.1-8-7.5;
(15) adopt rules under IC 4-22-2 to adopt any or all parts of
Uniform Standards of Professional Appraisal Practice (USPAP),
including the comments to the USPAP, as published by the
Appraisal Standards Board of the Appraisal Foundation, under the
authority of Title XI of the Financial Institutions Reform,
Recovery, and Enforcement Act (12 U.S.C. 3331-3351);
(16) exercise other specific powers conferred upon the
commission by this article; and
(17) adopt rules under IC 4-22-2 governing education, including
prelicensing, postlicensing, and continuing education.
As added by Acts 1979, P.L.248, SEC.1. Amended by Acts
1981, P.L.222, SEC.260; P.L.7-1987, SEC.129; P.L.145-2003, SEC.8;
P.L.177-2009, SEC.58; P.L.127-2012, SEC.9; P.L.200-2013, SEC.3;
P.L.84-2016, SEC.113; P.L.93-2024, SEC.191.