{"data":{"id":"us-sc/s.c.-code-ann.-40-57-330","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 40-57-330","heading":"Broker-in-charge license requirements; active broker or associate must be licensed under broker-in-charge.","body":"(A) A broker-in-charge license may not be issued to or renewed for an applicant unless the applicant:\n(1) has an ownership interest in the applicant's company; or\n(2) is actively engaged in the operation and management of the company.\n(B) An individual holding an active broker or associate license must be licensed under a broker-in-charge who is licensed by the commission and may not be licensed during the same period with more than one broker-in-charge. When a licensee becomes disassociated with a broker-in-charge, he immediately shall notify the commission by completion of the proper form. The licensee must furnish a new business address to the commission, the authorization of the new broker-in-charge, and proof of notification to the former broker-in-charge.\n(C) When a designated broker-in-charge becomes disassociated with the office registered with the commission, the broker-in-charge shall notify the commission within five days. The broker-in-charge designation will be removed and the licensee's license will be deactivated.","path":["Title 40 - PROFESSIONS AND OCCUPATIONS","CHAPTER 57 Real Estate Brokers, Brokers-in-Charge, Associates, and Property Managers","ARTICLE 3 Real Estate Brokers, Brokers-in-Charge, and Associates"],"source_url":"https://www.scstatehouse.gov/code/t40c057.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:23:29Z","sha256":"165cb104607ec8ab7894966d2e4591fc02208c7f6f6984944a379696c9333d8d","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-40-57-320","next":"us-sc/s.c.-code-ann.-40-57-340"},"notice":"GroundRules: Original legal text. Not legal advice."}