21 NCAC 58B .0105          NOTICE OF TERMINATION

A developer seeking to terminate its interest in a timeshare program shall file a Notice of Termination form available on the Commission's website and shall set forth the timeshare program's:

(1)           name;

(2)           physical, mailing, and email address;

(3)           telephone number;

(4)           reason the developer is terminating its interest;

(5)           date of termination;

(6)           new owner, if the developer's interest will be sold or transferred; and

(7)           the signature of the developer.

History Note:        Authority G.S. 93A‑51; 93A-52;

Eff. April 1, 1987;

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

Amended Eff. July 1, 2022.