324.2811 Automatic removal of member from commission

A member shall be automatically removed from the commission and a vacancy shall be created if: (1) A licensee of the commission ceases to be a broker or sales associate; (2) A consumer member of the commission acquires a license or financial interest in the practice of real estate; (3) A member enters a plea of guilty to, or has been found guilty of, a felony in which fraud is an essential element or to any crime involving moral turpitude and the time for appeal has lapsed or the judgment or conviction has been affirmed on appeal; (4) A member ceases to be a bona fide resident of this Commonwealth; (5) A member displays incompetence, neglect of duty, or unprofessional conduct; (6) A member fails to adhere to a duly adopted code of ethics of the commission

Failure to adhere to this code shall be determined by official action of the commission; or (7) A member misses three (3) consecutive meetings or misses more than of the meetings held over the previous twelve (12) twenty-five percent (25) month period

Effective:April 11, 2017 History: Amended 2017 Ky. Acts ch. 178, sec. 38, effective April 11, 2017. -- Amended 2000 Ky. Acts ch. 488, sec. 23, effective July 14, 2000. -- Amended 1992 Ky. Acts ch. 448, sec. 21, effective July 14, 1992. -- Created 1982 Ky. Acts ch. 196, sec. 6, effective July 15, 1982

Legislative Research Commission Note (4/11/2017). In codifying the amendments made to this statute in 2017 Ky. Acts ch. 178, sec. 38, the Reviser of Statutes has changed the word "board" to "commission" in two places in new subsection (6) to correct a manifest clerical or typographical error under the authority of KRS 7.136(1)(h)