Title 5
Businesses and Professions

Chapter 20.5
Real Estate Brokers and Salespersons

R.I. Gen. Laws § 5-20.5-27

§ 5-20.5-27. License required for ownership.

No person, firm, or corporation shall have an ownership interest in a real estate brokerage firm nor participate in the operation of the real estate brokerage firm unless the person, firm, or corporation holds a valid real estate broker’s license, issued pursuant to the provisions of this chapter.

History of Section.
P.L. 1998, ch. 115, § 2; P.L. 2011, ch. 102, § 1; P.L. 2011, ch. 113, § 1.