32-1167. Qualifying party's disassociation
with licensee; licensee's requalification; penalty


A. If a person who qualified for a license ceases for any reason whatsoever to be
connected with the licensee, both the licensee and the qualifying party shall notify the
registrar in writing within fifteen days after such disassociation.


B. A licensee shall have sixty days from the date of any such disassociation to
qualify through another person. If the licensee fails to qualify through another person
within sixty days, the license is automatically suspended by operation of law at the end
of the period until the licensee does qualify through another person.