§467-9  License, registration, certificate,
and applications.  (a)  Every applicant for issuance of a real estate
license, registration, or certificate under this chapter shall file an
application with the commission in a form and setting forth the information as
may be prescribed or required by the commission, and shall furnish any
additional information bearing upon the issuance of the license, registration,
and certificate as it requires.  In the case of a partnership or corporation,
any general partner or officer thereof may sign the application on behalf of
the applicant.  The commission may prescribe deadlines for the submission of
applications.



(b)  Unless approved by the commission, no real
estate broker's license shall be issued under or changed to any trade name,
corporate name, or partnership name which contains the name, part of the name,
initials, or nickname of:



(1)  An unlicensed person;



(2)  A real estate salesperson; or



(3)  A real estate broker whose real estate license is
not associated with or employed by the subject real estate broker applicant.



A real estate broker's license name includes any
trade name approved by the commission.



(c)  A real estate broker's license shall be
placed on an inactive status unless the real estate broker immediately changes
its name, trade name, corporate name, or partnership name that contains the
name, part of the name, initials, or nickname of:



(1)  A real estate licensee who is no longer
associated with or employed by the subject real estate broker, except in the
case of incapacitating disability or death of the real estate licensee where
written authorization is obtained from the real estate licensee or legal
representative of the licensee permitting use of the name; or



(2)  A real estate licensee who is no longer a current
active real estate licensee due to revocation, termination, forfeiture,
surrender, or inactive status.



The changes shall comply with this chapter and the
rules of the commission.



(d)  Notwithstanding subsection (b), a real
estate broker's license name may include the name of a franchise registered
with the business registration division of the department of commerce and
consumer affairs. [L 1933, c 140, §8; RL 1935, §7317; am L 1935, c 126, §1; RL
1945, §7738; RL 1955, §170-8; HRS §467-9; am L 1971, c 17, §1; am L 1973, c
131, §2; am L 1983, c 116, §2; am L 1984, c 263, §1; am L 1987, c 283, §35; am
L 1989, c 217, §2; am L 1993, c 125, §1; am L 1994, c 100, §5; am L 1997, c 40,
§20 and c 45, §1]



 



Cross References



 



  As to fees, see §467-11.



 



Case Notes



 



  Cited:  38 H. 9, 10.