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Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number  2020-00851

CCR details

Tracking Number 2020-00851
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 725 Division of Real Estate
CCR Number 4 CCR 725-1

Proposed rule

Notice Filed with SOS 10/29/2020
Rule ProposedRuleAttach2020-00851.pdf
Statutory Authority Part 2 of Title 12, Article 10, Colorado Revised Statutes, as amended.
Description of Subjects/Issues Chapter 3: Licensure, Renewal, License Status, and Insurance
Purpose/Objective of Rule The specific purpose of this rule is to amend or repeal existing rules with respect to a Broker renewing or reinstating a license. Beginning on January 1, 2018 the division began transitioning license cycles over from an anniversary date to a calendar renewal date ending December 31 of year three of the license. As the transition period will be completed on December 31, 2020, the reinstatement rules are being modified to clarify that a broker reinstating a license will be issued a three-year license beginning from the date of expiration on the prior expired licensed date to maintain the calendar expiration date of December 31.
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 12/01/2020
Hearing Time 09:00 AM
Hearing Location Virtual Rulemaking Hearing - 1560 Broadway; Denver, CO 80202
Contact Name Martha Torres-Recinos
Contact Title Rulemaking Coordinator
Contact Telephone 303-894-2359
Contact email martha.torres-recinos@state.co.us

Adopted rule

Adopted Rules AdoptedRules02020-00851.rtf
Redline Redline2020-00851.pdf
Adopted Date 12/01/2020
AGO requested date 12/02/2020
Attorney General Opinion 12/18/2020
Colorado Register publication date 01/10/2021
Effective Date 01/30/2021
Inserted into CCR 01/27/2021