IC 25-34.1-4-0.5: Prerequisites to becoming a managing broker

Sec. 0.5. Except as provided in section 6 of this chapter, to become a managing broker, an individual must:

(1) hold an active broker's license for at least three (3) years;

(2) take and pass at least twenty-four (24) hours of broker management courses approved by the commission; and

(3) pass a written examination prepared and administered by the commission or its duly appointed agent.