441-D - Salesman's license suspended by revocation or suspension of employer's license. - New York Statutes

§ 441-d. Salesman's license suspended by revocation or suspension of employer's license. The revocation or suspension of a broker's license shall operate to suspend the license of each real estate salesman associated with such broker, pending a change of association of the salesman or the expiration of the period of suspension of the broker's license. Such suspension of the salesman's license shall be deemed to be a discontinuance of association with the broker being suspended.