50-39-102. Application for license and endorsements. (1) An application for a license and any endorsements must be made on a form prescribed by the department of commerce.
     (2) The department shall annually issue a license and endorsement to an applicant who:
     (a) submits satisfactory proof that the applicant is properly equipped and staffed to provide the sales or services to be licensed and endorsed; and
     (b) submits satisfactory proof that the applicant is insured to engage in the business covered by the license and endorsement or endorsements.
     (3) The department shall:
     (a) issue an endorsement to an applicant who scores a passing grade on an examination devised or approved by the department; and
     (b) annually renew the endorsement upon payment of the endorsement fee and submission of satisfactory proof that the endorsee has completed continuing education, training, or testing required by the department.

     History: En. 82-1202.1 by Sec. 3, Ch. 229, L. 1967; amd. Sec. 1, Ch. 120, L. 1969; amd. Sec. 25, Ch. 366, L. 1969; amd. Sec. 12, Ch. 226, L. 1974; amd. Sec. 1, Ch. 426, L. 1975; R.C.M. 1947, 82-1202.1(4)(a); amd. Sec. 10, Ch. 706, L. 1991; amd. Sec. 2, Ch. 396, L. 1993; amd. Sec. 5, Ch. 514, L. 1995.