North Dakota License Law
A North Dakota broker's license is revoked for misappropriating client funds. The broker may reapply for a new license after:
A6 months
BA period determined by the NDREC, during which they must show rehabilitation and meet other conditions✓ Correct
CAutomatically after 2 years
DNever; revocation is permanent
Explanation
Following license revocation, the NDREC sets conditions for any future application, which may include a waiting period, evidence of restitution, and demonstrated rehabilitation. Revocation does not necessarily mean permanent disqualification.
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