(a) An applicant for a salesperson’s license shall:
(1) Submit satisfactory evidence of having completed the required education course as provided in §30-40-14 of this code; and
(2) Successfully pass the examination or examinations provided by the commission.
(b) No salesperson’s license may be issued in the name of an entity except through one of its members or officers.
(c) No salesperson’s license may be issued in the name of an entity unless each member or officer, who will engage in the real estate business, obtains a license as a real estate salesperson or associate broker.