A5978 — Clarifies current law addressing commissions paid to limited liability companies formed by real estate salespersons or broker-salespersons.

A5978 — Clarifies current law addressing commissions paid to limited liability companies formed by real estate salespersons or broker-salespersons. · Informed CitizenryThis bill amends R.S.45:15-16 to clarify that a real estate salesperson or broker-salesperson may form a limited liability company (LLC) or other legal entity to receive commissions or other valuab…Open in Informed Citizenry