§437-27.5 - Requirements to maintain license. - Hawaii Statutes

     §437-27.5  Requirements to maintain license.  A broker shall have and maintain in full force and effect a bond as required under section 437-18.  Failure, refusal, or neglect to maintain in full force and effect a bond shall cause the automatic suspension of the license effective as of the date of expiration or cancellation of the bond.  The license shall not be reinstated until a bond as required under section 437-18 is received by the board.

     Failure to effect a reinstatement of a suspended license within sixty days of the suspension shall cause the license and all fees to be forfeited.

     A licensee may, within fifteen calendar days after receipt of notification of the license forfeiture, request an administrative hearing pursuant to chapter 91 to review the forfeiture. [L 1985, c 102, §3; am L 1989, c 299, §3; am L 1992, c 153, §6]