13. Every place of business must be managed by a natural person having the qualifications required of a person to hold a broker’s certificate. That person must, in the cases prescribed in the by-laws of the Association, devote himself exclusively to his managerial duties.
In each place of business, there must be one natural person who possesses the aforementioned qualifications and acts as assistant to the person managing the place of business for every group of 30 agents, or any remaining group of less than 30, exceeding a first group of 30 agents, working at the same place of business.
These persons cannot be employed by another broker or pursue their activities at another place of business.
For the purposes of this Act, place of business means the place where the broker keeps the records, books and registers determined by the Association in its by-laws.