Louisiana License Law
A Louisiana real estate broker who wants to incorporate their brokerage as a corporation must ensure that:
AAll shareholders must hold active real estate licenses
BThe broker-in-charge holds an active broker's license and the entity is registered with the LREC✓ Correct
CThe corporation must have at least five licensed agents
DCorporate brokerages are prohibited in Louisiana
Explanation
Louisiana License Law permits brokerages to operate as corporations, LLCs, or partnerships, but the entity must register with the LREC, and the designated broker-in-charge must hold an active Louisiana broker's license.
Related Louisiana Louisiana License Law Questions
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