Statement of Facts as to Discharge of Salesman: Filing: Suspension or Revocation of

Employer’s License for Failure to Notify Commissioner. When any real estate salesman is discharged by his employer for a violation of any of the provisions of this Article prescribing a ground for disciplinary action, a certified written statement of the facts with reference thereto shall be filed forthwith with the Commissioner by the employer and if the employer fails to notify the Commissioner as required by this section, the Commissioner may temporarily suspend or permanently revoke the real estate license of the employer, in accordance with the provisions of this Division relating to hearings.