SECTION .0600 ‑ PROJECT BROKER
21 NCAC 58B .0601 DESIGNATION OF PROJECT BROKER
The developer of a registered timeshare project shall
designate for each project subject to the developer's control a project broker
by filing with the Commission an affidavit on the form prescribed. The
developer may from time to time change the designated project broker by filing
a new designation form with the Commission within 10 days following the
change. A broker licensed under the provisions of Section .1800 of Subchapter
58A shall not be designated as a project broker. Provisional brokers shall not
be designated as a project broker.
History Note: Authority G.S. 93A‑41(7a); 93A‑51;
Eff. February 1, 1998;
Amended Eff. April 1, 2006; July 1, 2004.