18VAC135-20-340: Effect of disciplinary action on subordinate licensees

Action by the board resulting in the revocation, suspension, or denial of renewal of the license of any principal broker or sole proprietor will automatically result in an order that the licenses of any and all individuals active with the affected firm be returned to the board until such time as the licenses are reissued upon the written request of a sole proprietor or principal broker pursuant to 18VAC135-20-170 B.