The Boad of Directors approved an NAR-mandated Bylaws Amendment, as outlined below, to change the Code of Ethics Training Requirement from every two (2) to every three (3) years as outlined below.
Strikethroughs indicate deletions; underlines indicate additions.
ARTICLE V – QUALIFICATION & ELECTION, Section 5 REALTOR® Code of Ethics Training
Effective January 1, 2017, through December 31, 2018, and for successive two (2)- periods thereafter, Effective January 1, 2019, through December 31, 2021, and for successive three year periods thereafter, each REALTOR® member of the association (with the exception of REALTOR® members granted REALTOR® Emeritus status by the National Association) shall be required to complete ethics training of not less than two (2) hours and thirty (30) minutes of instructional time. This requirement will be satisfied upon presentation of documentation that the member has completed a course of instruction conducted by this or another REALTOR® association, the State Association of REALTORS®, or the NATIONAL ASSOCIATION OF REALTORS®, or any other recognized educational institution or provider which meets the learning objectives and minimum criteria established by the NATIONAL ASSOCIATION OF REALTORS® from time to time. REALTOR® members who have completed training as a requirement of membership in another association and REALTOR® members who have completed the New Member Code of Ethics Orientation during any two (2)-year three year cycle shall not be required to complete additional ethics training until a new two (2)-year three year cycle commences.
Failure to satisfy the required periodic ethics training shall be considered a violation of a membership duty. Failure to meet the requirement in any two (2)-year three year cycle will result in suspension of membership for the first two months (January and February) of the year following the end of any two (2)-year three year cycle or until the requirement is met, whichever occurs sooner. On March 1 of that year, the membership of a member who is still suspended as of that date will be automatically terminated.