Arizona republican., 1921-03-14

hereby created. All moneys which shall po pala into the state treasury and credlted to the Real Estate Commits SIohefs Fund' are hereby appropriated eo pe used by the commissioner in carrying out the provisions of tbis act including the payment of +ba saI.,ias oI the commissioner and his clerlxs and assistants: the auditor shall draw his warrant on said fund from tirna to +i,,,a III laVor or the commissioner for the amounts expended under said commits
 slonef direction, and the trea slIrer siidiI pay the same. It shall be the duty or the real estate commissioner sanot annually. to certify under oath +o tbe state treasurer and secretary of state
 the total amount of receipts and ex
 pendltures of the real estate con,n,,a- siohef department for the six months preceding. All moneys remaining in the state treasury to the credit of the
 Real Estate Commissioners Fund, n, noon on the 3lst day of December of each year on or before the 18th day or the succeeding January be transfarred from the Real Estate Commissioners e
 Fund to the general fund of inc stare
 Section S. The real estate commits
 sioner shall adopt a seal with inc words Real Esate Commissioner. State or Arizona, by which he shall authen- ticate the proceedings of his offica
 Copies of all records and papers in tne
 office of the real estate commissioners department certified under the hand and seal of the commissioner shall he received in evidence in all cas, eoual,v and with like effect as the originaIs- Section g. The attorney general shall render to the real estate comm,s- sion opinions upon all questions of law
 relating to the construction or inter 1 pretation of this act or arising in the 1 administration thereof that may be submitted to him by the commissioner and shall act as the attorney for the commissioner in all actions and pro-
 ceedings brought by or against him
 under or pursuant to any of the pro- visions of this act.
 l Section 10. No real estate license shall give authority to do any act men l toned in section two of this act to any person co-partnership or corporation other than those to STnom said license is issued: provided. however, that when a license is issued to a corporation the officers thereof, other than the presi- 1 dent. shall be required to obtain a l license if engaged in the real estate business as Q whole or partial vocation; i; and provided, further. that when IT. cenSe is granted to a CO., partnership the members of said o-partnership D shall each be required to obtain a sep l arate license except as provided in Sect1on thirteen hereof
 Section II. Application for license
 as real estate broker shall be made in
 writing to the real estate commissioner
 which application shall be accompanied II by the recommendation of two real Il estate brokers of the county in which
 such applicant resides or has his place
 of business, certifying that the appi-
 cant is reliable. truthful and of good reputation, and recommending that a
 | +I- the applicant for real estate brokers , license maintains more f.lan one place
 of business within the state, he shal i, be required to apply for and procure
 a duplicate license for each branch , . flee so maintained by him. Such dup : licate license shall be issued without additional charge. Every such appli- cation shall state the name of the per | son, co-partnership or corporation, and : the location of the place or places o1 business for which such license is de 7 sired.
 i, Application for license as real estate [ salesman shall be made In writing ts r the real estate commissioner, signed by the applicant, setting forth tht g period of time during which he ha: : been engaged in business, stating thu I name of his last employer and the name : and place of business of the person P co- partnership or corporation then em : p1oying him, or in whose employ sh' e is to enter The applicant shall b.
 accompanied by the recommendation O
 his employer if employed, certifying
 that the applicant is reliable, truthful = and of good reputation. and recom- ? nending that the license be granted tt 1.-the applicant.
 'The real estate commissioner ma, 7 require such other proof he ma. . deem advisable of the reliability A truthfulness and good reputation of an, applicant for a license or of the or ficers of any corporation, or of tn members of any partnership mak
 ing such application before author1z : ing the issuance of a license.
 Every real estate broker and req [ estate salesman upon receiving notic l that a license is about to pe issued t f kim, shall within two days thereafter a deposit with said real estate commits e Lsioner a bond, payable to the state c S Arizona, in the sum of 5000, con