1.1 A bill for an act
1.2 relating to commerce; regulating currency exchanges,
1.3 real estate brokers, real property appraisers,
1.4 subdivided land sales licenses, residential
1.5 contractors, notaries public, and collection agencies;
1.6 modifying certain continuing education requirements;
1.7 regulating certain fees, costs, duties, rights, and
1.8 penalties; regulating nonprofit corporations;
1.9 requiring a study; appropriating money; amending
1.10 Minnesota Statutes 2000, sections 45.0295; 53A.081,
1.11 subdivision 2; 58.10, subdivision 1, by adding a
1.12 subdivision; 60K.19, subdivision 8; 72B.04,
1.13 subdivisions 6, 7; 80B.03, subdivision 4a; 82.195,
1.14 subdivision 2; 82.196, subdivision 2; 82.197,
1.15 subdivisions 1, 4, by adding a subdivision; 82.22,
1.16 subdivision 13; 82.24, subdivision 8; 82.27,
1.17 subdivision 3; 82.34, subdivision 15, by adding a
1.18 subdivision; 82B.14; 83.25, subdivision 1; 317A.203;
1.19 326.91, subdivision 1; 326.975, subdivision 1; 332.41;
1.20 359.02; 507.45, subdivision 3.
1.21 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.22 Section 1. Minnesota Statutes 2000, section 45.0295, is
1.23 amended to read:
1.24 45.0295 [FEES.]
1.25 (a) The following fees shall be paid to the commissioner:
1.26 (1) for each hour or fraction of one hour of education
1.27 course approval for continuing education sought, $10; and
1.28 (2) for each continuing education course coordinator
1.29 approval, $100.
1.30 (b) All fees paid to the commissioner under this section
1.31 are nonrefundable, except that an overpayment of a fee shall be
1.32 returned upon proper application.
1.33 Sec. 2. Minnesota Statutes 2000, section 53A.081,
2.1 subdivision 2, is amended to read:
2.2 Subd. 2. [INVESTIGATION.] The commissioner may at any time
2.3 and shall at least once in each year investigate the currency
2.4 exchange business of any licensee and of every person,
2.5 partnership, association, and corporation engaged in the
2.6 business of operating a currency exchange in the manner provided
2.7 under section 45.027.
2.8 Sec. 3. Minnesota Statutes 2000, section 58.10,
2.9 subdivision 1, is amended to read:
2.10 Subdivision 1. [AMOUNTS.] The following fees must be paid
2.11 to the commissioner:
2.12 (1) for an initial residential mortgage originator license,
2.13 $800 $850, $50 of which is credited to the consumer education
2.14 account in the special revenue fund;
2.15 (2) for a renewal license, $400 $450, $50 of which is
2.16 credited to the consumer education account in the special
2.17 revenue fund;
2.18 (3) for an initial residential mortgage servicer's license,
2.19 $1,000;
2.20 (4) for a renewal license, $500; and
2.21 (5) for a certificate of exemption, $100.
2.22 Sec. 4. Minnesota Statutes 2000, section 58.10, is amended
2.23 by adding a subdivision to read:
2.24 Subd. 3. [CONSUMER EDUCATION ACCOUNT; MONEY CREDITED AND
2.25 APPROPRIATED.] (a) The consumer education account is created in
2.26 the special revenue fund. Money credited to this account may be
2.27 appropriated to the commissioner for the purpose of making
2.28 grants to programs and campaigns designed to help consumers
2.29 avoid being victimized by unscrupulous lenders and mortgage
2.30 brokers. Preference shall be given to programs and campaigns
2.31 designed by coalitions of public sector, private sector, and
2.32 nonprofit agencies, institutions, companies, and organizations.
2.33 (b) A sum sufficient is appropriated annually from the
2.34 consumer education account to the commissioner to make the
2.35 grants described in paragraph (a).
2.36 Sec. 5. Minnesota Statutes 2000, section 60K.19,
3.1 subdivision 8, is amended to read:
3.2 Subd. 8. [MINIMUM EDUCATION REQUIREMENT.] Each person
3.3 subject to this section shall complete a minimum of 30 credit
3.4 hours of courses accredited by the commissioner during each
3.5 24-month licensing period. Any person whose initial licensing
3.6 period extends more than six months shall complete 15 hours of
3.7 courses accredited by the commissioner during the initial
3.8 license period. Any person teaching or lecturing at an
3.9 accredited course qualifies for 1-1/2 three times the number of
3.10 credit hours that would be granted to a person completing the
3.11 accredited course. No more than 15 credit hours per licensing
3.12 period may be credited to a person for courses sponsored by,
3.13 offered by, or affiliated with an insurance company or its
3.14 agents. Courses sponsored by, offered by, or affiliated with an
3.15 insurance company or agent may restrict its students to agents
3.16 of the company or agency.
3.17 Sec. 6. Minnesota Statutes 2000, section 72B.04,
3.18 subdivision 6, is amended to read:
3.19 Subd. 6. [EXCEPTIONS.] A person who on January 1, 1972,
3.20 meets all of the qualifications specified in subdivision 2 with
3.21 regard to the class of license applied for and, if experience is
3.22 one of the requisites, has gained the experience within the
3.23 three years next preceding January 1, 1972, shall be eligible
3.24 for the issuance of a license without taking an examination.
3.25 A person who has held a license of any given class or in
3.26 any field or fields within three years prior to the application
3.27 shall be entitled to a renewal of the license in the same class
3.28 or in the same fields without taking an examination.
3.29 A person applying for a license as a crop hail adjuster
3.30 shall not be required to comply with the requirements of
3.31 subdivision 5.
3.32 The commissioner may issue a license under sections 72B.01
3.33 to 72B.14 without an examination, if the applicant presents
3.34 sufficient and satisfactory evidence of having passed a similar
3.35 examination in another state and if the commissioner, with the
3.36 advice of the advisory board, has determined that the standards
4.1 of such other state are equivalent to those in Minnesota for the
4.2 class of license applied for. Any applicant who presents
4.3 sufficient and satisfactory evidence of having successfully
4.4 completed all six parts of the insurance institute of America
4.5 program in adjusting or other programs approved by the
4.6 commissioner shall be entitled to an adjuster's license without
4.7 taking the examination prescribed in subdivision 5.
4.8 Sec. 7. Minnesota Statutes 2000, section 72B.04,
4.9 subdivision 7, is amended to read:
4.10 Subd. 7. [LICENSE TERM.] Every adjuster's and public
4.11 adjuster solicitor's license shall be for a term expiring on
4.12 October 31 next following the date of its issuance, and may be
4.13 renewed for the ensuing calendar year upon the timely filing of
4.14 an application for renewal. (a) Initial licenses issued under
4.15 this section are valid for a period not to exceed two years.
4.16 Each initial license must expire on October 31 of the expiration
4.17 year assigned by the commissioner.
4.18 (b) Licenses issued under this section may be renewed upon
4.19 the timely filing of an application for renewal. Every renewal
4.20 license is valid for a period of 24 months.
4.21 Sec. 8. Minnesota Statutes 2000, section 80B.03,
4.22 subdivision 4a, is amended to read:
4.23 Subd. 4a. Within three calendar business days of the date
4.24 of filing of the registration statement, the commissioner may by
4.25 order summarily suspend the effectiveness of the takeover offer
4.26 if the commissioner determines that the registration statement
4.27 does not contain all of the information specified in
4.28 subdivisions 2 and 6 or that the takeover offer materials
4.29 provided to offerees do not provide full disclosure to offerees
4.30 of all material information concerning the takeover offer. The
4.31 suspension shall remain in effect only until the determination
4.32 following a hearing held pursuant to subdivision 5.
4.33 Sec. 9. Minnesota Statutes 2000, section 82.195,
4.34 subdivision 2, is amended to read:
4.35 Subd. 2. [CONTENTS.] All listing agreements must be in
4.36 writing and must include:
5.1 (1) a definite expiration date;
5.2 (2) a description of the real property involved;
5.3 (3) the list price and any terms required by the seller;
5.4 (4) the amount of any compensation or commission or the
5.5 basis for computing the commission;
5.6 (5) a clear statement explaining the events or conditions
5.7 that will entitle a broker to a commission;
5.8 (6) information regarding an override clause, if
5.9 applicable, including a statement to the effect that the
5.10 override clause will not be effective unless the licensee
5.11 supplies the seller with a protective list within 72 hours after
5.12 the expiration of the listing agreement;
5.13 (7) the following notice in not less than ten point
5.14 boldface type immediately preceding any provision of the listing
5.15 agreement relating to compensation of the licensee:
5.16 "NOTICE: THE COMMISSION RATE COMPENSATION FOR THE SALE,
5.17 LEASE, RENTAL, OR MANAGEMENT OF REAL PROPERTY SHALL BE
5.18 DETERMINED BETWEEN EACH INDIVIDUAL BROKER AND ITS THE BROKER'S
5.19 CLIENT.";
5.20 (8) for residential property listings, the following "dual
5.21 agency" disclosure statement:
5.22 If a buyer represented by broker wishes to buy your
5.23 property, a dual agency will be created. This means that broker
5.24 will represent both you and the buyer(s), and owe the same
5.25 duties to the buyer(s) that broker owes to you. This conflict
5.26 of interest will prohibit broker from advocating exclusively on
5.27 your behalf. Dual agency will limit the level of representation
5.28 broker can provide. If a dual agency should arise, you will
5.29 need to agree that confidential information about price, terms,
5.30 and motivation will still be kept confidential unless you
5.31 instruct broker in writing to disclose specific information
5.32 about you. All other information will be shared. Broker cannot
5.33 act as a dual agent unless both you and the buyer(s) agree to
5.34 it. By agreeing to a possible dual agency, you will be giving
5.35 up the right to exclusive representation in an in-house
5.36 transaction. However, if you should decide not to agree to a
6.1 possible dual agency, and you want broker to represent you, you
6.2 may give up the opportunity to sell your property to buyers
6.3 represented by broker.
6.4 Seller's Instructions to Broker
6.5
6.6 Having read and understood this information about dual
6.7 agency, seller(s) now instructs broker as follows:
6.8 ....... Seller(s) will agree to a dual agency
6.9 representation and will consider offers made
6.10 by buyers represented by broker.
6.11
6.12 ....... Seller will not agree to a dual agency
6.13 representation and will not consider offers
6.14 made by buyers represented by broker.
6.15
6.16
6.17 ......................... .........................
6.18 Seller Broker
6.19
6.20
6.21 ......................... By: ....................
6.22 Seller Salesperson
6.23
6.24 Date: ..................;
6.25 (9) a notice requiring the seller to indicate in writing
6.26 whether it is acceptable to the seller to have the licensee
6.27 arrange for closing services or whether the seller wishes to
6.28 arrange for others to conduct the closing. The notice must also
6.29 include the disclosure of any controlled business arrangement,
6.30 as the term is defined in United States Code, title 12, section
6.31 2602, between the licensee and the real estate closing agent
6.32 through which the licensee proposes to arrange closing services;
6.33 and
6.34 (10) for residential listings, a notice stating that after
6.35 the expiration of the listing agreement, the seller will not be
6.36 obligated to pay the licensee a fee or commission if the seller
7.1 has executed another valid listing agreement pursuant to which
7.2 the seller is obligated to pay a fee or commission to another
7.3 licensee for the sale, lease, or exchange of the real property
7.4 in question. This notice may be used in the listing agreement
7.5 for any other type of real estate.
7.6 Sec. 10. Minnesota Statutes 2000, section 82.196,
7.7 subdivision 2, is amended to read:
7.8 Subd. 2. [CONTENTS.] All buyer's broker agreements must be
7.9 in writing and must include:
7.10 (1) a definite expiration date;
7.11 (2) the amount of any compensation or commission, or the
7.12 basis for computing the commission;
7.13 (3) a clear statement explaining the services to be
7.14 provided to the buyer by the broker, and the events or
7.15 conditions that will entitle a broker to a commission or other
7.16 compensation;
7.17 (4) a provision for cancellation of the agreement by either
7.18 party upon terms agreed upon by the parties; a clear statement
7.19 explaining if the agreement may be canceled and the terms under
7.20 which the agreement may be canceled;
7.21 (5) information regarding an override clause, if
7.22 applicable, including a statement to the effect that the
7.23 override clause will not be effective unless the licensee
7.24 supplies the buyer with a protective list within 72 hours after
7.25 the expiration of the buyer's broker agreement;
7.26 (6) the following notice in not less than ten point bold
7.27 face type immediately preceding any provision of the buyer's
7.28 broker agreement relating to compensation of the licensee:
7.29 "NOTICE: THE COMMISSION RATE COMPENSATION FOR THE
7.30 PURCHASE, LEASE, RENTAL, OR MANAGEMENT OF REAL PROPERTY IS
7.31 NEGOTIABLE AND SHALL BE DETERMINED BETWEEN EACH INDIVIDUAL
7.32 BROKER AND ITS THE BROKER'S CLIENT.";
7.33 (7) the following "dual agency" disclosure statement:
7.34 If you choose to purchase a property listed by broker, a
7.35 dual agency will be created. This means that broker will
7.36 represent both you and the seller(s), and owe the same duties to
8.1 the seller(s) that broker owes to you. This conflict of
8.2 interest will prohibit broker from advocating exclusively on
8.3 your behalf. Dual agency will limit the level of representation
8.4 broker can provide. If a dual agency should arise, you will
8.5 need to agree that confidential information about price, terms,
8.6 and motivation will still be kept confidential unless you
8.7 instruct broker in writing to disclose specific information
8.8 about you. All other information will be shared. Broker cannot
8.9 act as a dual agent unless both you and the seller(s) agree to
8.10 it. By agreeing to a possible dual agency, you will be giving
8.11 up the right to exclusive representation in an in-house
8.12 transaction. However, if you should decide not to agree to a
8.13 possible dual agency, and you want broker to represent you, you
8.14 may give up the opportunity to purchase the properties listed by
8.15 broker.
8.16 Buyer's Instructions to Broker
8.17
8.18 ....... Buyer(s) will agree to a dual agency representation
8.19 and will consider properties listed by broker.
8.20
8.21 ....... Buyer will not agree to a dual agency
8.22 representation and will not consider
8.23 properties listed by broker.
8.24
8.25
8.26 ......................... .........................
8.27 Buyer Broker
8.28
8.29 ......................... By: ....................
8.30 Buyer Salesperson
8.31
8.32 Date: ...................; and
8.33 (8) for buyer's broker agreements which involve residential
8.34 real property, a notice stating that after the expiration of the
8.35 buyer's broker agreement, the buyer will not be obligated to pay
8.36 the licensee a fee or commission if the buyer has executed
9.1 another valid buyer's broker agreement pursuant to which the
9.2 buyer is obligated to pay a fee or commission to another
9.3 licensee for the purchase, lease, or exchange of real property.
9.4 Sec. 11. Minnesota Statutes 2000, section 82.197,
9.5 subdivision 1, is amended to read:
9.6 Subdivision 1. [AGENCY DISCLOSURE.] A real estate broker
9.7 or salesperson shall provide to a consumer in the sale and
9.8 purchase of a residential real property transaction at the first
9.9 substantive contact with the consumer an agency disclosure form
9.10 in substantially the form set forth in subdivision 4. The
9.11 agency disclosure form shall be intended to provide a
9.12 description of available options for agency and nonagency
9.13 relationships, and a description of the role of a licensee under
9.14 each option. The agency disclosure form shall provide a
9.15 signature line for acknowledgment of receipt by the consumer.
9.16 Sec. 12. Minnesota Statutes 2000, section 82.197,
9.17 subdivision 4, is amended to read:
9.18 Subd. 4. [AGENCY DISCLOSURE FORM.] The agency disclosure
9.19 form shall be in substantially the form set forth below:
9.20 AGENCY RELATIONSHIPS IN REAL ESTATE TRANSACTIONS
9.21 Minnesota law requires that early in any relationship, real
9.22 estate brokers or salespersons discuss with consumers what type
9.23 of agency representation or relationship they desire.(1) The
9.24 available options are listed below. This is not a contract.
9.25 This is an agency disclosure form only. If you desire
9.26 representation, you must enter into a written contract according
9.27 to state law (a listing contract or a buyer representation
9.28 contract). Until such time as you choose to enter into a
9.29 written contract for representation or assistance, you will be
9.30 treated as a customer of the broker or salesperson and not
9.31 represented by the brokerage and will not receive any
9.32 representation from the broker or salesperson. The broker or
9.33 salesperson would then will be acting as a Seller's broker
9.34 Facilitator (see paragraph I V below), or as a nonagent (see
9.35 paragraph IV below) unless the broker or salesperson is
9.36 representing another party as described below.
10.1 ACKNOWLEDGMENT: I/We acknowledge that I/We have been
10.2 presented with the below-described options. I/We understand
10.3 that until I/We have signed a representation contract, I/We are
10.4 not represented by the broker/salesperson and information given
10.5 to the broker/salesperson may be disclosed. I/We understand
10.6 that written consent is required for a dual agency
10.7 relationship. THIS IS A DISCLOSURE ONLY, NOT A CONTRACT FOR
10.8 REPRESENTATION.
10.9 ............... ..........
10.10 Signature Date
10.11 ............... ..........
10.12 Signature Date
10.13 I.
10.14 Seller's Broker: A broker who lists a property, or a
10.15 salesperson who is licensed to the listing broker,
10.16 represents the Seller and acts on behalf of the Seller. A
10.17 broker or salesperson working with a Buyer may also act as
10.18 a subagent of the Seller, in which case the Buyer is the
10.19 broker's customer and is not represented by that broker. A
10.20 Seller's broker owes to the Seller the fiduciary duties
10.21 described below.(2) The broker must also disclose to the
10.22 Buyer any material facts as defined in Minnesota Statutes,
10.23 section 82.197, subdivision 6, of which the broker is aware
10.24 that could adversely and significantly affect the Buyer's
10.25 use or enjoyment of the property. If a broker or
10.26 salesperson who is working with a Buyer as a customer and
10.27 is representing the Seller and to whom any information is
10.28 disclosed, he or she must act in the Seller's interests
10.29 best interest and must tell the Seller the any information
10.30 disclosed to him or her, except confidential information
10.31 acquired in a facilitator relationship (see paragraph V
10.32 below). In that case, the Buyer will not be represented
10.33 and will not receive advice and counsel from the broker or
10.34 salesperson.
10.35 II.
10.36 Subagent: A broker or salesperson who is working with a
11.1 Buyer but represents the Seller. In this case, the Buyer
11.2 is the broker's customer and is not represented by that
11.3 broker. If a broker or salesperson working with a Buyer as
11.4 a customer is representing the Seller, he or she must act
11.5 in the Seller's best interest and must tell the Seller any
11.6 information that is disclosed to him or her. In that case,
11.7 the Buyer will not be represented and will not receive
11.8 advice and counsel from the broker or salesperson.
11.9 III.
11.10 Buyer's Broker: A Buyer may enter into an agreement for
11.11 the broker or salesperson to represent and act on behalf of
11.12 the Buyer. The broker may represent the Buyer only, and
11.13 not the Seller, even if the broker he or she is being paid
11.14 in whole or in part by the Seller. A Buyer's broker owes
11.15 to the Buyer the fiduciary duties described below.(2) The
11.16 broker must disclose to the Buyer any material facts as
11.17 defined in Minnesota Statutes, section 82.197, subdivision
11.18 6, of which the broker is aware that could adversely and
11.19 significantly affect the Buyer's use or enjoyment of the
11.20 property. If a broker or salesperson working with a Seller
11.21 as a customer is representing the Buyer, he or she must act
11.22 in the Buyer's best interest and must tell the Buyer any
11.23 information disclosed to him or her, except confidential
11.24 information acquired in a facilitator relationship (see
11.25 paragraph V below). In that case, the Seller will not be
11.26 represented and will not receive advice and counsel from
11.27 the broker or salesperson.
11.28 III. IV.
11.29 Dual Agency-Broker Representing both Seller and Buyer:
11.30 Dual agency occurs when one broker or salesperson
11.31 represents both parties to a transaction, or when two
11.32 salespersons licensed to the same broker each represent a
11.33 party to the transaction. Dual agency requires the
11.34 informed consent of all parties, and means that the broker
11.35 and salesperson owe the same duties to the Seller and the
11.36 Buyer. This role limits the level of representation the
12.1 broker and salespersons can provide, and prohibits them
12.2 from acting exclusively for either party. In a dual
12.3 agency, confidential information about price, terms, and
12.4 motivation for pursuing a transaction will be kept
12.5 confidential unless one party instructs the broker or
12.6 salesperson in writing to disclose specific information
12.7 about the party writing him or her. Other information will
12.8 be shared. Dual agents may not advocate for one party to
12.9 the detriment of the other.(3)
12.10 Within the limitations described above, dual agents owe to
12.11 both Seller and Buyer the fiduciary duties described
12.12 below.(2) Dual agents must disclose to Buyers any material
12.13 facts as defined in Minnesota Statutes, section 82.197,
12.14 subdivision 6, of which the broker is aware that could
12.15 adversely and significantly affect the Buyer's use or
12.16 enjoyment of the property.
12.17 IV. V.
12.18 Nonagent Facilitator: A broker or salesperson may perform
12.19 who performs services for either party as a nonagent, if
12.20 that party signs a nonagency services agreement a Buyer, a
12.21 Seller, or both but does not represent either in a
12.22 fiduciary capacity as a Buyer's Broker, Seller's Broker, or
12.23 Dual Agent. As a nonagent the broker or salesperson
12.24 facilitates the transaction, but does not act on behalf of
12.25 either party. THE NONAGENT FACILITATOR BROKER OR
12.26 SALESPERSON DOES NOT OWE ANY PARTY ANY OF THE FIDUCIARY
12.27 DUTIES LISTED BELOW, EXCEPT CONFIDENTIALITY, UNLESS THOSE
12.28 DUTIES ARE INCLUDED IN THE WRITTEN NONAGENCY FACILITATOR
12.29 SERVICES AGREEMENT. The nonagent facilitator broker or
12.30 salesperson owes only the duty of confidentiality to the
12.31 party but owes no other duty to the party except those
12.32 duties required by law or contained in the a written
12.33 nonagency facilitator services agreement, if any. In the
12.34 event a facilitator broker or salesperson, working with a
12.35 Buyer, shows a property listed by the facilitator broker or
12.36 salesperson, then the facilitator broker or salesperson
13.1 must act as a Seller's Broker (see paragraph I above). In
13.2 the event a facilitator broker or salesperson, working with
13.3 a Seller, accepts a showing of the property by a Buyer
13.4 being represented by the facilitator broker or salesperson,
13.5 then the facilitator broker or salesperson must act as a
13.6 Buyer's Broker (see paragraph III above).
13.7 ACKNOWLEDGMENT: I/We acknowledge that I/We have been presented
13.8 with the above-described options. I/We understand that Buyers
13.9 who have not signed a Buyer representation contract or nonagency
13.10 services agreement are not represented by the broker/salesperson
13.11 and information given to the broker/salesperson will be
13.12 disclosed to the Seller. I/We understand that written consent
13.13 is required for a dual agency relationship. This is a
13.14 disclosure only, NOT a contract for representation.
13.15 ......................... ........................
13.16 Seller Date Buyer Date
13.18 ......................... ........................
13.19 Seller Date Buyer Date
13.23 ****************************************************************
13.24 (1) This disclosure is required by law in any transaction
13.25 involving property occupied or intended to be occupied by one to
13.26 four families as their residence.
13.27 (2) The fiduciary duties mentioned above are listed below
13.28 and have the following meanings:
13.29 Loyalty-broker/salesperson will act only in client(s)' best
13.30 interest.
13.31 Obedience-broker/salesperson will carry out all client(s)'
13.32 lawful instructions.
13.33 Disclosure-broker/salesperson will disclose to client(s)
13.34 all material facts of which broker/salesperson has knowledge
13.35 which might reasonably affect the client's rights and interests.
13.36 Confidentiality-broker/salesperson will keep client(s)'
14.1 confidences unless required by law to disclose specific
14.2 information (such as disclosure of material facts to Buyers).
14.3 Reasonable Care-broker/salesperson will use reasonable care
14.4 in performing duties as an agent.
14.5 Accounting-broker/salesperson will account to client(s) for
14.6 all client(s)' money and property received as agent.
14.7 (3) If Seller(s) decides not to agree to a dual agency
14.8 relationship, Seller(s) may give up the opportunity to sell the
14.9 property to Buyers represented by the broker/salesperson. If
14.10 Buyer(s) decides not to agree to a dual agency relationship,
14.11 Buyer(s) may give up the opportunity to purchase properties
14.12 listed by the broker.
14.13 Sec. 13. Minnesota Statutes 2000, section 82.197, is
14.14 amended by adding a subdivision to read:
14.15 Subd. 6. [MATERIAL FACTS.] (a) Licensees shall disclose to
14.16 any prospective purchaser all material facts of which the
14.17 licensees are aware, which could adversely and significantly
14.18 affect an ordinary purchaser's use or enjoyment of the property,
14.19 or any intended use of the property of which the licensees are
14.20 aware.
14.21 (b) It is not a material fact relating to real property
14.22 offered for sale and no regulatory action shall be brought
14.23 against a licensee for failure to disclose in any real estate
14.24 transaction the fact or suspicion that the property:
14.25 (1) is or was occupied by an owner or occupant who is or
14.26 was suspected to be infected with human immunodeficiency virus
14.27 or diagnosed with acquired immunodeficiency syndrome; or
14.28 (2) was the site of an accidental death, natural death, or
14.29 perceived paranormal activity.
14.30 (c) A licensee or employee of the licensee has no duty to
14.31 disclose information regarding an offender who is required to
14.32 register under section 243.166, or about whom notification is
14.33 made under that section, if the broker or salesperson, in a
14.34 timely manner, provides a written notice that information about
14.35 the predatory offender registry and persons registered with the
14.36 registry may be obtained by contacting local law enforcement
15.1 where the property is located or the department of corrections.
15.2 (d) A licensee is not required to disclose, except as
15.3 otherwise provided in paragraph (e), information relating to the
15.4 physical condition of the property or any other information
15.5 relating to the real estate transaction, if a written report
15.6 that discloses the information has been prepared by a qualified
15.7 third party and provided to the person. For the purposes of
15.8 this paragraph, "qualified third party" means a federal, state,
15.9 or local governmental agency, or any person whom the broker,
15.10 salesperson, or a party to the real estate transaction
15.11 reasonably believes has the expertise necessary to meet the
15.12 industry standards of practice for the type of inspection or
15.13 investigation that has been conducted by the third party in
15.14 order to prepare the written report and who is acceptable to the
15.15 person to whom the disclosure is being made.
15.16 (e) A licensee shall disclose to the parties to a real
15.17 estate transaction any facts known by the broker or salesperson
15.18 that contradict any information included in a written report, if
15.19 a copy of the report is provided to the licensee, described in
15.20 paragraph (d).
15.21 Sec. 14. Minnesota Statutes 2000, section 82.22,
15.22 subdivision 13, is amended to read:
15.23 Subd. 13. [CONTINUING EDUCATION.] (a) After their first
15.24 renewal date, all real estate salespersons and all real estate
15.25 brokers shall be required to successfully complete 30 hours of
15.26 real estate continuing education, either as a student or a
15.27 lecturer, in courses of study approved by the commissioner,
15.28 during each 24-month license period. At least 15 of the 30
15.29 credit hours must be completed during the first 12 months of the
15.30 24-month licensing period. Salespersons and brokers whose
15.31 initial license period extends more than 12 months are required
15.32 to complete 15 hours of real estate continuing education during
15.33 the initial license period. Those licensees who will receive a
15.34 12-month license on July 1, 1995, because of the staggered
15.35 implementation schedule must complete 15 hours of real estate
15.36 continuing education as a requirement for renewal on July 1,
16.1 1996. Licensees may not claim credit for continuing education
16.2 not actually completed as of the date their report of continuing
16.3 education compliance is filed.
16.4 (b) The commissioner shall adopt rules defining the
16.5 standards for course and instructor approval, and may adopt
16.6 rules for the proper administration of this subdivision. The
16.7 commissioner may not approve a course which can be completed by
16.8 the student at home or outside the classroom without the
16.9 supervision of an instructor approved by the department of
16.10 commerce. The commissioner has discretion to establish a pilot
16.11 program to explore delivery of except accredited courses using
16.12 new delivery technology, including interactive technology, and
16.13 the Internet. This pilot program expires on August 1,
16.14 2001. Courses in motivation, salesmanship, psychology, or time
16.15 management shall not be approved by the commissioner for
16.16 continuing education credit.
16.17 (c) Any program approved by Minnesota continuing legal
16.18 education shall be approved by the commissioner of commerce for
16.19 continuing education for real estate brokers and salespeople if
16.20 the program or any part thereof relates to real estate.
16.21 (d) As part of the continuing education requirements of
16.22 this section, the commissioner shall require that all real
16.23 estate brokers and salespersons receive:
16.24 (1) at least two hours one hour of training during each
16.25 license period in courses in laws or regulations on agency
16.26 representation and disclosure; and
16.27 (2) at least two hours one hour of training during each
16.28 license period in courses in state and federal fair housing
16.29 laws, regulations, and rules, or other antidiscrimination laws,
16.30 or courses designed to help licensees to meet the housing needs
16.31 of immigrant and other underserved populations.
16.32 Clause Clauses (1) does and (2) do not apply to real estate
16.33 salespersons and real estate brokers engaged solely in the
16.34 commercial real estate business who file with the commissioner a
16.35 verification of this status along with the continuing education
16.36 report required under paragraph (a).
17.1 (e) The commissioner is authorized to establish a procedure
17.2 for renewal of course accreditation.
17.3 (f) Approved courses may be sponsored or offered by a
17.4 broker of a real estate company and may be held on the premises
17.5 of a company licensed under this chapter. All course offerings
17.6 must be open to any interested individuals. Access may be
17.7 restricted by the sponsor based on class size only. Courses
17.8 must not be approved if attendance is restricted to any
17.9 particular group of people. A broker must comply with all
17.10 continuing education rules prescribed by the commissioner.
17.11 (g) No more than one-half of the credit hours per licensing
17.12 period, including continuing education required under
17.13 subdivision 6, may be credited to a person for attending any
17.14 combination of courses either:
17.15 (1) sponsored by, offered by, or affiliated with a real
17.16 estate company or its agents; or
17.17 (2) offered using new delivery technology, including
17.18 interactive technology, and the Internet.
17.19 Sec. 15. Minnesota Statutes 2000, section 82.24,
17.20 subdivision 8, is amended to read:
17.21 Subd. 8. [ACCRUED INTEREST.] (a) Each broker shall
17.22 maintain a pooled interest-bearing trust account for deposit of
17.23 client funds. The interest accruing on the trust account, less
17.24 reasonable transaction costs, must be paid to the state
17.25 treasurer for deposit in the housing trust fund account created
17.26 under section 462A.201 unless otherwise specified pursuant to an
17.27 expressed written agreement between the parties to a transaction.
17.28 (b) For an account created under paragraph (a), each broker
17.29 shall direct the financial institution to:
17.30 (1) pay the interest, less reasonable transaction costs,
17.31 computed in accordance with the financial institution's standard
17.32 accounting practice, at least quarterly, to the state treasurer;
17.33 and
17.34 (2) send a statement to the state treasurer showing the
17.35 name of the broker for whom the payment is made, the rate of
17.36 interest applied, the amount of service charges deducted, and
18.1 the account balance for the period in which the report is made.
18.2 The state treasurer shall credit the amount collected under
18.3 this subdivision to the housing trust fund account established
18.4 in section 462A.201.
18.5 (c) The financial institution must promptly notify the
18.6 commissioner if a draft drawn on the account is dishonored. A
18.7 draft is not dishonored if a stop payment order is requested by
18.8 an issuer who has a good faith defense to payment on the draft.
18.9 Sec. 16. Minnesota Statutes 2000, section 82.27,
18.10 subdivision 3, is amended to read:
18.11 Subd. 3. [ORDER TO SHOW CAUSE.] The commissioner shall
18.12 issue an order requiring a licensee or applicant for a license
18.13 to show cause why the license should not be revoked or
18.14 suspended, or the licensee censured, or the application denied.
18.15 The order shall be calculated to give reasonable notice of the
18.16 time and place for hearing thereon, and shall state the reasons
18.17 specific statute or rule that has been violated for the entry of
18.18 the order. The commissioner may by order summarily suspend a
18.19 license pending final determination of any order to show cause.
18.20 If a license is suspended pending final determination of an
18.21 order to show cause, a hearing on the merits shall be held
18.22 within 30 days of the issuance of the order of suspension. All
18.23 hearings shall be conducted in accordance with the provisions of
18.24 chapter 14. After the hearing, the commissioner shall enter an
18.25 order making such disposition of the matter as the facts
18.26 require. If the licensee or applicant fails to appear at a
18.27 hearing after having been duly notified of it, such person shall
18.28 be deemed in default, and the proceeding may be determined
18.29 against the licensee or applicant upon consideration of the
18.30 order to show cause, the allegations of which may be deemed to
18.31 be true.
18.32 Sec. 17. Minnesota Statutes 2000, section 82.34, is
18.33 amended by adding a subdivision to read:
18.34 Subd. 7a. [ACCELERATED CLAIMS PAYMENT.] (a) The
18.35 commissioner shall pay claims from the recovery portion of the
18.36 fund that do not exceed the jurisdiction limits for conciliation
19.1 court matters as specified in section 491A.01 on an accelerated
19.2 basis if all of the requirements in subdivision 7 and paragraphs
19.3 (b) to (f) have been satisfied.
19.4 (b) When any aggrieved person as defined in subdivision 7
19.5 obtains a judgment in any court of competent jurisdiction,
19.6 regardless of whether the judgment has been discharged by a
19.7 bankruptcy court against a licensee on grounds specified in
19.8 subdivision 7, the aggrieved person may file a verified
19.9 application with the commissioner for payment out of the
19.10 recovery portion of the fund of the amount of actual and direct
19.11 out-of-pocket loss in the transaction, but excluding any
19.12 attorney fees, interest on the loss, and on any judgment
19.13 obtained as a result of the loss, up to the conciliation court
19.14 jurisdiction limits, of the amount unpaid upon the judgment.
19.15 For purposes of this section, persons who are joint tenants or
19.16 tenants in common are deemed to be a single claimant.
19.17 (c) The commissioner shall send the licensee a copy of the
19.18 verified application by first-class mail to the licensee's
19.19 address as it appears in the records of the department of
19.20 commerce with a notice that the claim will be paid 15 days from
19.21 the date of the notice unless the licensee notifies the
19.22 commissioner before that date of the commencement of an appeal
19.23 of the judgment, if the time for appeal has not expired, and
19.24 that payment of the claim will result in automatic suspension of
19.25 the licensee's license.
19.26 (d) If the licensee does not notify the commissioner of the
19.27 commencement of an appeal, the commissioner shall pay the claim
19.28 at the end of the 15-day period.
19.29 (e) If an appeal is commenced, the payment of the claim is
19.30 stayed until the conclusion of the appeal.
19.31 (f) The commissioner may pay claims which total no more
19.32 than $50,000 against the licensee under this accelerated
19.33 process. The commissioner may prorate the amount of claims paid
19.34 under this subdivision if claims in excess of $50,000 against
19.35 the licensee are submitted. Any unpaid portions of these claims
19.36 must be satisfied in the manner set forth in subdivision 7.
20.1 Sec. 18. Minnesota Statutes 2000, section 82.34,
20.2 subdivision 15, is amended to read:
20.3 Subd. 15. Any sums received by the commissioner pursuant
20.4 to any provisions of this section shall be deposited in the
20.5 state treasury, and credited to the real estate education,
20.6 research and recovery fund, and said sums shall be allocated
20.7 exclusively for the purposes provided in this section. All
20.8 moneys in the fund are appropriated annually to the commissioner
20.9 for the purposes of this section.
20.10 All money credited to the fund under section 462A.201 may
20.11 only be used for purposes under subdivision 6, clause (g).
20.12 Beginning in 1990, the commissioner must, on February 1 of each
20.13 year, review the amount of money spent or allocated for uses
20.14 under subdivision 6, clause (g), for the previous calendar
20.15 year. If the amount spent or allocated is less than the amount
20.16 credited to the fund under section 462A.201 during the same
20.17 calendar year, the difference must be transferred from the fund
20.18 to the housing trust fund account established in section
20.19 462A.201. If the fund balance exceeds $4,000,000, the
20.20 commissioner may suspend the fee imposed under subdivision 3.
20.21 Sec. 19. Minnesota Statutes 2000, section 82B.14, is
20.22 amended to read:
20.23 82B.14 [EXPERIENCE REQUIREMENT.]
20.24 (a) As a prerequisite for licensing as a registered real
20.25 property appraiser or licensed real property appraiser, an
20.26 applicant must present evidence satisfactory to the commissioner
20.27 that the person has obtained 2,000 hours of experience in real
20.28 property appraisal.
20.29 As a prerequisite for licensing as a certified residential
20.30 real property appraiser, an applicant must present evidence
20.31 satisfactory to the commissioner that the person has obtained
20.32 2,500 hours of experience in real property appraisal.
20.33 As a prerequisite for licensing as a certified general real
20.34 property appraiser, an applicant must present evidence
20.35 satisfactory to the commissioner that the person has obtained
20.36 3,000 hours of experience in real property appraisal. At least
21.1 50 percent, or 1,500 hours, must be in nonresidential appraisal
21.2 work.
21.3 (b) Each applicant for license under section 82B.11,
21.4 subdivision 3, 4, or 5, shall give under oath a detailed listing
21.5 of the real estate appraisal reports or file memoranda for which
21.6 experience is claimed by the applicant. Upon request, the
21.7 applicant shall make available to the commissioner for
21.8 examination, a sample of appraisal reports that the applicant
21.9 has prepared in the course of appraisal practice.
21.10 (c) Applicants may not receive credit for experience
21.11 accumulated while unlicensed, if the experience is based on
21.12 activities which required a license under this section.
21.13 Sec. 20. Minnesota Statutes 2000, section 83.25,
21.14 subdivision 1, is amended to read:
21.15 Subdivision 1. No person shall offer or sell in this state
21.16 any interest in subdivided lands without having obtained:
21.17 (1) a license under chapter 82; and
21.18 (2) an additional license to offer or dispose of subdivided
21.19 lands. This license may be obtained by submitting an
21.20 application in writing to the commissioner upon forms prepared
21.21 and furnished by the commissioner. Each application shall be
21.22 signed and sworn to by the applicant and accompanied by a
21.23 license fee of $10 per year. The commissioner may also require
21.24 an additional examination for this license. This clause expires
21.25 July 1, 2003.
21.26 Sec. 21. Minnesota Statutes 2000, section 317A.203, is
21.27 amended to read:
21.28 317A.203 [NUMBER.]
21.29 A board of directors must consist of three or more
21.30 individuals, with the number specified in or fixed in accordance
21.31 with the articles or bylaws, except that if the corporation has
21.32 either one or two members with voting rights, the number of
21.33 directors may be less than three but not less than the number of
21.34 members with voting rights.
21.35 Sec. 22. Minnesota Statutes 2000, section 326.91,
21.36 subdivision 1, is amended to read:
22.1 Subdivision 1. [CAUSE.] The commissioner may by order
22.2 deny, suspend, or revoke any license or may censure a licensee,
22.3 and may impose a civil penalty as provided for in section
22.4 45.027, subdivision 6, if the commissioner finds that the order
22.5 is in the public interest, and that the applicant, licensee, or
22.6 affiliate of an applicant or licensee, or other agent, owner,
22.7 partner, director, governor, shareholder, member, officer,
22.8 qualifying person, or managing employee of the applicant or
22.9 licensee or any person occupying a similar status or performing
22.10 similar functions:
22.11 (1) has filed an application for a license which is
22.12 incomplete in any material respect or contains any statement
22.13 which, in light of the circumstances under which it is made, is
22.14 false or misleading with respect to any material fact;
22.15 (2) has engaged in a fraudulent, deceptive, or dishonest
22.16 practice;
22.17 (3) is permanently or temporarily enjoined by any court of
22.18 competent jurisdiction from engaging in or continuing any
22.19 conduct or practice involving any aspect of the business;
22.20 (4) has failed to reasonably supervise employees, agents,
22.21 subcontractors, or salespersons, or has performed negligently or
22.22 in breach of contract, so as to cause injury or harm to the
22.23 public;
22.24 (5) has violated or failed to comply with any provision of
22.25 sections 326.83 to 326.98 or any rule or order under sections
22.26 326.83 to 326.98;
22.27 (6) has been shown to be incompetent, untrustworthy, or
22.28 financially irresponsible;
22.29 (7) has been convicted of a violation of the State Building
22.30 Code or, in jurisdictions that do not enforce the State Building
22.31 Code, has refused to correct a violation of the State Building
22.32 Code when the violation has been certified by a Minnesota
22.33 licensed structural engineer;
22.34 (8) has failed to use the proceeds of any payment made to
22.35 the licensee for the construction of, or any improvement to,
22.36 residential real estate, as defined in section 326.83,
23.1 subdivision 17, for the payment of labor, skill, material, and
23.2 machinery contributed to the construction or improvement,
23.3 knowing that the cost of any labor performed, or skill,
23.4 material, or machinery furnished for the improvement remains
23.5 unpaid;
23.6 (9) has not furnished to the person making payment either a
23.7 valid lien waiver as to any unpaid labor performed, or skill,
23.8 material, or machinery furnished for an improvement, or a
23.9 payment bond in the basic amount of the contract price for the
23.10 improvement conditioned for the prompt payment to any person or
23.11 persons entitled to payment;
23.12 (10) has engaged in conduct which was the basis for a
23.13 contractor's recovery fund payment pursuant to section 326.975,
23.14 which payment has not been reimbursed;
23.15 (11) has engaged in bad faith, unreasonable delays, or
23.16 frivolous claims in defense of a civil lawsuit arising out of
23.17 their activities as a licensee under this chapter;
23.18 (12) has had a judgment entered against them for failure to
23.19 make payments to employees or subcontractors, and all appeals of
23.20 the judgment have been exhausted or the period for appeal has
23.21 expired;
23.22 (13) if unlicensed, has obtained a building permit by the
23.23 fraudulent use of a fictitious license number or the license
23.24 number of another, or, if licensed, has knowingly allowed an
23.25 unlicensed person to use the licensee's license number for the
23.26 purpose of fraudulently obtaining a building permit; or
23.27 (14) has made use of forged mechanics' lien waivers under
23.28 chapter 514.
23.29 Sec. 23. Minnesota Statutes 2000, section 326.975,
23.30 subdivision 1, is amended to read:
23.31 Subdivision 1. [GENERALLY.] (a) In addition to any other
23.32 fees, each applicant for a license under sections 326.83 to
23.33 326.98 shall pay a fee to the contractor's recovery fund. The
23.34 contractor's recovery fund is created in the state treasury and
23.35 must be administered by the commissioner in the manner and
23.36 subject to all the requirements and limitations provided by
24.1 section 82.34 with the following exceptions:
24.2 (1) each licensee who renews a license shall pay in
24.3 addition to the appropriate renewal fee an additional fee which
24.4 shall be credited to the contractor's recovery fund. The amount
24.5 of the fee shall be based on the licensee's gross annual
24.6 receipts for the licensee's most recent fiscal year preceding
24.7 the renewal, on the following scale:
24.8 Fee Gross Receipts
24.9 $100 under $1,000,000
24.10 $150 $1,000,000 to $5,000,000
24.11 $200 over $5,000,000
24.12 Any person who receives a new license shall pay a fee based on
24.13 the same scale;
24.14 (2) the sole purpose of this fund is to compensate any
24.15 aggrieved owner or lessee of residential property located within
24.16 this state who obtains a final judgment in any court of
24.17 competent jurisdiction against a licensee licensed under section
24.18 326.84, on grounds of fraudulent, deceptive, or dishonest
24.19 practices, conversion of funds, or failure of performance
24.20 arising directly out of any transaction when the judgment debtor
24.21 was licensed and performed any of the activities enumerated
24.22 under section 326.83, subdivision 19, on the owner's residential
24.23 property or on residential property rented by the lessee, or on
24.24 new residential construction which was never occupied prior to
24.25 purchase by the owner, or which was occupied by the licensee for
24.26 less than one year prior to purchase by the owner, and which
24.27 cause of action arose on or after April 1, 1994;
24.28 (3) nothing may obligate the fund for more than $50,000 per
24.29 claimant, nor more than $50,000 $75,000 per licensee; and
24.30 (4) nothing may obligate the fund for claims based on a
24.31 cause of action that arose before the licensee paid the recovery
24.32 fund fee set in clause (1), or as provided in section 326.945,
24.33 subdivision 3.
24.34 (b) Should the commissioner pay from the contractor's
24.35 recovery fund any amount in settlement of a claim or toward
24.36 satisfaction of a judgment against a licensee, the license shall
25.1 be automatically suspended upon the effective date of an order
25.2 by the court authorizing payment from the fund. No licensee
25.3 shall be granted reinstatement until the licensee has repaid in
25.4 full, plus interest at the rate of 12 percent a year, twice the
25.5 amount paid from the fund on the licensee's account, and has
25.6 obtained a surety bond issued by an insurer authorized to
25.7 transact business in this state in the amount of at least
25.8 $40,000.
25.9 Sec. 24. Minnesota Statutes 2000, section 332.41, is
25.10 amended to read:
25.11 332.41 [APPEALS.]
25.12 Subdivision 1. [FILING OF APPEAL.] In the rejection of an
25.13 application for a license or the renewal thereof filed under
25.14 sections 332.31 to 332.45 or of the suspension or revocation of
25.15 a license granted under sections 332.31 to 332.45 the applicant
25.16 or licensee may within 90 days after receipt of notice of such
25.17 rejection, suspension, or revocation, file an appeal and
25.18 thereafter prosecute the appeal in accordance with the
25.19 provisions of the statutes governing appeal from, or review of,
25.20 decisions of administrative agencies in this state.
25.21 Subd. 2. [SUPERSEDEAS.] The filing of an appeal from an
25.22 order of the commissioner of commerce rejecting an application
25.23 for a license by a collection agency engaged in business as of
25.24 July 1, 1969, or rejecting an application for the renewal of a
25.25 license, or suspending or revoking a license within 60 days
25.26 after the date of such order, shall operate as a supersedeas
25.27 which shall continue pending final determination of such appeal.
25.28 Appeal from a denial, suspension, revocation, or censure of
25.29 a license must be made according to chapter 14.
25.30 Sec. 25. Minnesota Statutes 2000, section 359.02, is
25.31 amended to read:
25.32 359.02 [TERM.]
25.33 A notary commissioned under section 359.01 holds office for
25.34 five years, unless sooner removed by the governor or the
25.35 district court, or by action of the commissioner. Within seven
25.36 months 60 days before the expiration of the commission a notary
26.1 may be reappointed apply for reappointment for a new term to
26.2 commence and to be designated in the new commission as beginning
26.3 upon the day immediately following the date of the
26.4 expiration. A notary whose commission expires on January 1,
26.5 2005, may apply for reappointment six months before the
26.6 expiration date. The reappointment takes effect and is valid
26.7 although the appointing governor may not be in the office of
26.8 governor on the effective day.
26.9 (a) All notary commissions issued before January 31, 1995,
26.10 will expire on January 31, 1995.
26.11 (b) All notary commissions issued after January 31, 1995,
26.12 will expire at the end of the licensing period, which will end
26.13 every fifth year following January 31, 1995.
26.14 (c) All notary commissions issued during a licensing period
26.15 expire at the end of that period as set forth in this
26.16 section expire on January 31 of the fifth year following the
26.17 year of issue.
26.18 Sec. 26. Minnesota Statutes 2000, section 507.45,
26.19 subdivision 3, is amended to read:
26.20 Subd. 3. [REQUIREMENTS FOR REAL ESTATE PERSONNEL.] If the
26.21 closing services are to be provided by a real estate broker,
26.22 real estate salesperson, or real estate closing agent, the
26.23 following regulations shall apply.
26.24 (a) The written contract for closing services shall state
26.25 in at least 10-point type that the real estate broker, real
26.26 estate salesperson, or real estate closing agent has not and,
26.27 under applicable state law, may not express opinions regarding
26.28 the legal effect of the closing documents or of the closing
26.29 itself.
26.30 (b) No closing fee may be charged in connection with the
26.31 transfer of the legal or equitable ownership of a property if a
26.32 closing is performed without either a mortgagee's or owner's
26.33 title insurance commitment or a legal opinion regarding the
26.34 status of title.
26.35 Sec. 27. [STUDY; FAIR HOUSING TRAINING.]
26.36 The commissioner of commerce shall examine the issue of
27.1 whether licensed occupations under the jurisdiction of the
27.2 department and related to the purchase or financing of
27.3 residential housing, including, but not limited to, appraisers,
27.4 and employees of licensed mortgage originators and servicers,
27.5 should be required to attend continuing education courses in
27.6 state and federal fair housing law, and other antidiscrimination
27.7 laws, in order to further consumer protection. The commissioner
27.8 shall report the results of the examination to the commerce
27.9 committees of the legislature by February 1, 2002.
27.10 Sec. 28. [APPROPRIATION.]
27.11 Up to $1,000,000 is appropriated from the real estate
27.12 education, research, and recovery fund established under
27.13 Minnesota Statutes, section 82.34, to the department of commerce
27.14 for an educational campaign aimed at fair housing and
27.15 housing-related antidiscrimination initiatives. The
27.16 appropriation must be used for educating real estate licensees
27.17 and for a public information campaign across the state on
27.18 consumer's rights under current fair housing laws. The
27.19 educational campaign may include, but is not limited to,
27.20 television and radio advertisements and printed material. The
27.21 materials used for the public information campaign may be
27.22 prepared in multiple languages if necessary.
27.23 Sec. 29. [EFFECTIVE DATE.]
27.24 Sections 1 to 8, 13, 19, and 26 are effective the day
27.25 following final enactment. Section 14 is effective July 1, 2001.
27.26 Section 21 is effective July 1, 2001, and applies to nonprofit
27.27 corporations formed on or after that date. Section 23 is
27.28 effective January 1, 2001, and applies to claims arising from
27.29 incidents or conduct occurring on or after that date.