32-2187. Payments to real estate recovery
fund
A. In addition to any other fees, payments shall be made to the real estate
recovery fund on application by any person, as follows:
1. For an original real estate or cemetery broker's license, twenty dollars.
2. For an original real estate or cemetery salesperson's license, ten dollars.
B. If, on June 30 of any year, the balance remaining in the real estate recovery
fund is less than six hundred thousand dollars, every broker when renewing a real estate
or cemetery license during the following license year shall pay, in addition to the
license renewal fee, a fee of twenty dollars for deposit in the real estate recovery
fund, and every salesperson when renewing a real estate or cemetery license during such
year shall pay, in addition to the license renewal fee, a fee of ten dollars for deposit
in the real estate recovery fund.
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