21 NCAC 58A .1708         EQUIVALENT CREDIT

(a)  The Commission shall award an approved instructor continuing education credit for teaching a Commission Update Course. An approved instructor seeking continuing education credit for teaching a Commission Update Course shall submit a form, available on the Commission's website, that requires the approved instructor to set forth the:

(1)           approved instructor's name, license number, instructor number, address, telephone number, and email address;

(2)           Update Course number;

(3)           education provider's name and number;

(4)           education provider's address; and

(5)           date the course was taught.

(b)  The Commission shall award a broker continuing education elective credit the first time an approved continuing education elective course is taught by the broker. A broker seeking continuing education credit under this Paragraph shall submit a form, available on the Commission's website, that requires the broker to set forth the:

(1)           broker's name, license number, address, telephone number, and email address;

(2)           course title;

(3)           course number;

(4)           education provider's name and number;

(5)           education provider's address; and

(6)           date the course was taught.

(c)  The Commission may award continuing education elective credit for developing a continuing education elective course the first time it is approved by the Commission pursuant to 21 NCAC 58H .0401. However, a broker shall only receive credit for the year in which the continuing education elective course is approved. A broker seeking continuing education credit under this Paragraph shall submit a form, available on the Commission's website, that requires the broker to set forth the broker's name, license number, address, telephone number, and email address. Along with the form, the broker shall submit the course title, the course number, the date of the course approval, and a fifty dollar ($50.00) fee for each course for which the broker seeks credit.

(d)  In order for any application for equivalent credit to be considered and credits applied to the current licensing period, a complete application, the appropriate fee, and all supporting documents shall be received by the Commission no later than 5:00 p.m. Eastern Time on June 17.

History Note:        Authority G.S. 93A-3(c); 93A-38.5;

Eff. July 1, 1994;

Amended Eff. July 1, 2017; April 1, 2006; July 1, 2001; July 1, 2000; March 1, 1996; July 1, 1995;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018;

Amended Eff. July 1, 2023; July 1, 2020.