If any licensee, in violation of section 12240-132, divides or agrees to divide any fee or compensation received by the licensee for services rendered in his or her professional capacity with any person whomsoever, the person who has paid the fee or compensation to the licensee may recover the amount unlawfully paid or agreed to be paid from either the licensee or from the person to whom the fee or compensation has been paid, by an action to be instituted within two years from the date on which the fee or compensation was so divided or agreed to be divided.
Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 1210, § 1, effective October 1.
Editor's note: This section is similar to former § 12-36-126 as it existed prior to 2019.