2-15-1757. Board of realty regulation. (1) There is a board of realty regulation.
(2) The board consists of seven members appointed by the governor with the consent of the senate. Five members must be licensed real estate brokers, salespeople, or property managers who are actively engaged in the real estate business as a broker, a salesperson, or a property manager 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, a salesperson, or a property manager. The members must be residents of this state.
(3) The members shall serve staggered terms of 4 years. A member may not serve more than two terms or any portion of two terms.
(4) 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; Sec. 2-15-1867, MCA 1999; redes. 2-15-1757 by Sec. 221(2), Ch. 483, L. 2001; amd. Sec. 3, Ch. 502, L. 2007; amd. Sec. 4, Ch. 56, L. 2015.