2-15-1867. Board of realty regulation. (1) There is a board of realty regulation.
     (2) The board consists of five members appointed by the governor with the consent of the senate. Three members must be licensed real estate brokers or salespeople who are actively engaged in the real estate business as a broker or salesperson in this state. Two members must be representatives of the public who are not state government officers or employees and who are not engaged in business as a real estate broker or salesperson. The members must be residents of this state.
     (3) Not more than three members, including the presiding officer, may be from the same political party.
     (4) The members shall serve staggered terms of 4 years. A member may not serve more than two terms or any portion of two terms.
     (5) The board is allocated to the department for administrative purposes only as prescribed in 2-15-121.

     History: En. Sec. 1, Ch. 497, L. 1979; MCA 1979, 2-15-1644; redes. 2-15-1867 by Sec. 4, Ch. 274, L. 1981; amd. Sec. 6, Ch. 52, L. 1993.