If the recovery fund is depleted, how much must each licensee pay in addition to the annual license fee?

When the recovery fund is depleted, each licensed broker in Arkansas is required to contribute an additional amount to ensure the fund is replenished. The set amount designated for each licensee in this scenario is $25. This fee is essential for maintaining the integrity and function of the recovery fund, which provides financial protection for consumers in cases where there are claims against licensees.

The annual renewal fee structure is designed to ensure that all active licensees contribute equitably to the sustainability of the fund, which in turn supports the overall real estate industry by providing consumer confidence. This contribution is mandatory and serves as a safeguard for the public while also complying with the regulations set forth by Arkansas's real estate commission.

Other options presented may misinterpret how the replenishment of the recovery fund works or suggest that funds are sourced externally, which does not reflect the responsibility placed upon individual licensees in this context.