Agency
A Washington designated broker wants to resign. What happens to the licenses of all affiliated brokers?
AThey remain active under a new automatically-assigned designated broker
BThey are automatically inactivated until each broker affiliates with a new designated broker✓ Correct
CThe DOL appoints a receiver to operate the firm
DThe managing brokers automatically become designated brokers
Explanation
When a designated broker resigns or leaves, all affiliated brokers' licenses become inactive or inactivated. Each broker must find a new designated broker to affiliate with and update their records with the DOL to resume active licensed activities.
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