{"data":{"id":"us-in/ic-25-34.1-3-4.5","jurisdiction":"us-in","citation":"IC 25-34.1-3-4.5","heading":"Broker compensation","body":"Sec. 4.5. (a) A broker company may pay compensation directly to a business entity that is owned by a broker and associated with the broker company and that has been formed for the purpose of receiving compensation earned by the broker.\n(b) A business entity that receives compensation from a broker company as provided for in this section:\n(1) is not required to be licensed as a broker company; and\n(2) must be owned:\n(A) solely by the broker; or\n(B) by the broker and the broker's spouse, if the spouse is not licensed.","path":["TITLE 25. PROFESSIONS AND OCCUPATIONS","ARTICLE 34.1. REAL ESTATE BROKERS AND SALESPERSONS","Chapter 3. Licensing"],"source_url":"https://iga.in.gov/ic/2026/Title_25.html#25-34.1-3-4.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-06T20:43:28Z","sha256":"87be1444b1b750d7f62d78007f12f66c646b97dbba36f4130448f6d7ac2865df","source_id":"us-in","stale":false,"prev":"us-in/ic-25-34.1-3-4.1","next":"us-in/ic-25-34.1-3-5"},"notice":"GroundRules: Original legal text. Not legal advice."}
