§ 10519 Restricted Broker License Conditions
The commissioner can give a limited oil, gas, and mineral broker license to someone whose regular license was taken away, but only if they follow special rules like a time limit or posting a bond.
Joe had his oil broker license revoked for breaking rules. The commissioner lets Joe get a temporary, restricted license so he can finish a few deals, but only if Joe posts a surety bond and follows the conditions set by the commissioner.
Joe can work as a broker again, but only for a set period and under strict rules, like having to put up a bond, because the commissioner gave him a restricted license after his original one was revoked.
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§ 10519 Restricted Broker License Conditions
Last verified: February 26, 2026