A. The department shall issue an agency license under this article to any applicant
who satisfactorily complies with this chapter. Each agency license shall contain the name and address of such licensee and the
number of the license and shall be issued for a period of two years.
B. Upon the issuance of an agency license, an identification card as described in § 32-2633 shall be issued to such licensee if an individual, or if such licensee is other than
an individual, to its qualifying party, associates, resident managers and each of
its resident officers, associates, directors and partners. The identification card is evidence that the licensee is duly licensed pursuant to
this chapter. If any person to whom the card of an agency licensee, other than an individual,
is issued terminates the person's position, office or association with the licensee,
the person shall surrender the card to the licensee and within five business days
the licensee shall mail or deliver the card to the director for cancellation. If the person fails or refuses to surrender the card to the licensee, the licensee
shall notify the director within five business days of the termination of the person's
position, office or association with the licensee.
C. On notification by the department to an applicant that the agency license is ready
for issuance, the applicant shall complete the application process within ninety calendar
days. Failure to complete the process results in the application being canceled and the
applicant forfeits all fees. Subsequent application by the same applicant requires the payment of all application
and license fees prescribed pursuant to § 32-2607.
D. An agency licensee shall, within thirty calendar days, notify the department in writing
of any change in the name or address of the business or any change of associates or
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