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Real estate license fund

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§73-35-19. Real estate license fund

All fees charged and collected under this chapter shall be paid by the administrator at least once a week, accompanied by a detailed statement thereof, into the treasury of the state to credit of a fund to be known as the “Real Estate License Fund,” which fund is hereby created. All monies which shall be paid into the State Treasury and credited to the “Real Estate License Fund” are hereby appropriated to the use of the commission in carrying out the provisions of this chapter including the payment of salaries and expenses, printing an annual directory of licensees, and for educational purposes.

Maintenance of a searchable, internet-based web site shall satisfy the requirement for publication of a directory of licensees under this section.

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