(1) All new sales licensees are required to complete the board-mandated new licensee mandatory continuing education requirement, commonly known as the 12-hour rookie course, by the first renewal date as set by ARM 24.101.413, following their original license issue date.

(2) For the first licensing year only, the rookie course will substitute for a salesperson's regular continuing education. The regular 12-hour continuing education requirement begins with the second year of licensing.

(3) All licensees are required to submit the renewal form and renewal fee by the date set by ARM 24.101.413 and each renewal date thereafter.