In the event of the death of a licensed real estate broker, the Commission may, upon application by the broker's legal representative, issue without examination a temporary license to such legal representative or to an individual designated by the representative or the broker and approved by the Commission on payment of the prescribed fee established under section 2255 of this chapter. Such temporary licensee may continue to transact said real estate business for a period not to exceed one year. A temporary licensee shall not enter into new brokerage service agreements. (Added 1969, No. 283 (Adj. Sess.), § 15; amended 1985, No. 6, § 1; 2013, No. 138 (Adj. Sess.), § 19.)