IC 25-34.1-4-2: Partnership, corporation, or limited liability company as broker company

Sec. 2. Except as provided in IC 23-1.5, a partnership broker, corporate broker, or limited liability company broker:

(1) may act only as a broker company; and

(2) shall designate to the commission a managing broker who meets the requirements for managing brokers set forth in IC 25-34.1-3-4.1 to be primarily responsible to the commission for its actions.