West Virginia License Law
Under WV Code Chapter 30 Article 40, the WVREC is authorized to promulgate rules and regulations. These rules have the force of:
AAdvisory guidelines only
BLaw — they are binding on all licensees✓ Correct
CInternal office policies only
DContract terms between broker and salesperson
Explanation
Rules and regulations promulgated by the WVREC under its statutory authority have the force of law. Violations of WVREC rules are treated the same as violations of WV Code Chapter 30 Article 40 for disciplinary purposes.
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