N.Y. Real Prop. Acts. Law § 442-c
Violations by salespersons; broker's responsibility
Redline — January 1, 2015 → current.View current text →
Current — January 1, 2023
As of January 1, 2015
§ 442-c. Violations by salesmen; broker's responsibility. No violation\nof a provision of this article by a real estate salesman or employee of\na real estate broker shall be deemed to be cause for the revocation or\nsuspension of the license of the broker, unless it shall appear that the\nbroker had actual knowledge of such violation or retains the benefits,\nprofits or proceeds of a transaction wrongfully negotiated by his\nsalesman or employee after notice of the salesman's or employee's\nmisconduct. A broker shall be guilty of a misdemeanor for having any\nsalesman associated with his firm who has not secured the required\nlicense authorizing such employment.\n
§ 442-c. Violations by salespersons; broker's responsibility. No\nviolation of a provision of this article by a real estate salesperson or\nemployee of a real estate broker shall be deemed to be cause for the\nrevocation or suspension of the license of the broker, unless it shall\nappear that the broker had actual knowledge of such violation or retains\nthe benefits, profits or proceeds of a transaction wrongfully negotiated\nby their salesperson or employee after notice of the salesperson's or\nemployee's misconduct. A broker shall be guilty of a misdemeanor for\nhaving any salesperson associated with their firm who has not secured\nthe required license authorizing such employment.\n
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.