Ind. Code § 8-2.1-22-31

Sec. 31. The department may suspend or revoke the license of any broker for any violation of this chapter or any rule issued under this chapter by the department. The fee for a broker's license is one hundred dollars ($100), which shall be paid at the time the application is made and shall be disposed of in the manner as other fees which are collected by the department. Any license so issued to any broker remains valid until surrendered or revoked.