Q1. A Montana broker convicted of a felony fails to notify the Montana Board of Realty Regulation within the required timeframe. What is the Board’s authority regarding the broker’s license?

• ○The Board may suspend or revoke the broker’s license for failure to notify and felony conviction.
• ○The Board must wait until the broker completes all appeals before taking action.
• ○The Board can only issue a reprimand but cannot suspend the license.
• ○The Board has no authority over licensees’ criminal convictions.