Continuing education requirements for nonresident real estate brokers and associates

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 40-57-340, RELATING TO BIENNIAL CONTINUING EDUCATION REQUIREMENTS FOR LICENSURE RENEWAL BY THE REAL ESTATE COMMISSION, SO AS TO PROVIDE NONRESIDENT BROKERS AND NONRESIDENT ASSOCIATES WHO SUCCESSFULLY SATISFY CONTINUING EDUCATION REQUIREMENTS OF THEIR JURISDICTION OF RESIDENCE MAY BE EXEMPT FROM THE CONTINUING EDUCATION REQUIREMENTS OF THIS STATE WITH APPROVAL OF THE COMMISSION; AND BY ADDING SECTION 40-57-345 SO AS TO PROVIDE CERTAIN LICENSEES WITH AN EXPIRED LICENSE MAY APPLY FOR LICENSE RENEWAL IF THEY WERE IN GOOD STANDING, WERE LICENSED IN THIS STATE FOR AT LEAST TWENTY-FIVE YEARS, AND WERE AT LEAST SIXTY-FIVE YEARS OF AGE AT THE TIME OF EXPIRATION, TO PROVIDE SUCH APPLICANTS FOR RENEWAL MUST PAY A RENEWAL FEE, AND TO EXEMPT LICENSEES MEETING THESE REQUIREMENTS FROM CONTINUING EDUCATION REQUIREMENTS. - RATIFIED TITLE