{"data":{"id":"us-in/ic-25-34.1-4-2","jurisdiction":"us-in","citation":"IC 25-34.1-4-2","heading":"Partnership, corporation, or limited liability company as broker company","body":"Sec. 2. Except as provided in IC 23-1.5, a partnership broker, corporate broker, or limited liability company broker:\n(1) may act only as a broker company; and\n(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.","path":["TITLE 25. PROFESSIONS AND OCCUPATIONS","ARTICLE 34.1. REAL ESTATE BROKERS AND SALESPERSONS","Chapter 4. Principal Brokers"],"source_url":"https://iga.in.gov/ic/2026/Title_25.html#25-34.1-4-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-06T20:43:28Z","sha256":"1f100b3b6b4ce12c36e52f38b836be06d388693430541927718a016e7e931701","source_id":"us-in","stale":false,"prev":"us-in/ic-25-34.1-4-1","next":"us-in/ic-25-34.1-4-3"},"notice":"GroundRules: Original legal text. Not legal advice."}
