86-1-15 Change of last name.
- Within 10 days of a licensee's change of last name, the licensee
shall notify the Commission in writing of the change. Unless the licensee
is on deactivated status, the supervising broker or branch broker
shall return the licensee's license to the Commission with the notification.
- If, pursuant to the schedule contained in K.A.R. 86-1-3, the
change in last name results in a later expiration date of the license,
the licensee shall pay a fee, based on the renewal fee prescribed
by K.A.R. 86-1-5, prorated for the number of months by which the expiration
date is extended.
- If, pursuant to the schedule contained in K.A.R. 86-1-3, the
change in last name results in an earlier expiration date of the license,
an amount, based on the renewal fee prescribed by K.A.R. 86-1-5, shall
be refunded to the licensee by the Commission, prorated for the number
of months by which the expiration date is shortened.
- The license shall be canceled and reinstated by the Commission
under the licensee's new name and with an expiration date determined
by the schedule contained in K.A.R. 86-1-3.
- If the first renewal date of the reinstated license is less
than 12 months after the last renewal date of the canceled license,
hours of instruction required by subsection (c), (d) or (e) of K.S.A.
58-3046a, and amendments thereto, shall not be required by the Commission
at the first renewal of the reinstated license.
- If the first renewal date of the reinstated license is 12 months
or more after the last renewal date of the canceled license, the hours
of instruction required by subsection (c), (d) or (e) of K.S.A. 58-3046a,
and amendments thereto, shall be required by the Commission for the
first renewal of the reinstated license.
(Authorized by K.S.A. 74-4202(b); implementing K.S.A. 58-3045 and 58-3046a;
effective, T-87-32, Nov. 19, 1986; effective May 1, 1987; amended Nov. 17, 1995.)
