Indiana § 25-34.1-4-2 Partnership, corporation, or limited liability company as broker
company

Indiana Statutes

§ 25-34.1-4-2 — Partnership, corporation, or limited liability company as broker company

Indiana § 25-34.1-4-2

Title 25PROFESSIONS AND OCCUPATIONS

Art. 34.1REAL ESTATE BROKERS AND

Ch. 4Principal Brokers

This text of Indiana § 25-34.1-4-2 (Partnership, corporation, or limited liability company as broker company) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 25-34.1-4-2 (2026).

Text

Except as provided in IC 23-1.5, a partnership broker, corporate broker, or limited liability company broker:

(1)may act only as a broker company; and

(2)shall designate to the commission a managing broker who meets the requirements for managing brokers set forth in IC 25-34.1-3-4.1 to be primarily responsible to the commission for its actions. As added by Acts 1979, P.L.248, SEC.1. Amended by P.L.128-1994, SEC.4; P.L.229-1995, SEC.7; P.L.127-2012, SEC.21; P.L.116-2015, SEC.6.

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Except as provided in IC 23-1.5, a
partnership broker, corporate broker, or limited liability company
broker:
(1) may act only as a broker company; and
(2) shall designate to the commission a managing broker who
meets the requirements for managing brokers set forth in IC 25-34.1-3-4.1 to be primarily responsible to the commission for
its actions.
As added by Acts 1979, P.L.248, SEC.1. Amended by
P.L.128-1994, SEC.4; P.L.229-1995, SEC.7; P.L.127-2012, SEC.21;
P.L.116-2015, SEC.6.