54-2070. AUGMENTATION OF FUND. Upon the original application or renewal of every real estate broker’s, associate broker’s and salesperson’s license for a two-year period, the licensee shall pay, in addition to the original or renewal license fee, a fee of twenty dollars ($20.00). Such additional fees and all education fees charged and collected for tuition or registration, course materials and such other fees involved with the commission education programs shall be paid into the state treasury and credited to the special real estate fund as provided in section 54-2021, Idaho Code, except for such funds as are required to maintain a balance of twenty thousand dollars ($20,000) in the real estate recovery fund as provided for in section 54-2069, Idaho Code.
History:
[54-2070, added 2000, ch. 285, sec. 3, p. 949.]
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