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. (1) name;
2. (2) physical, mailing, and email address;
3. (3) telephone number;
4. (4) reason the developer is terminating its interest;
5. (5) date of termination;
6. (6) new owner, if the developer's interest will be sold or transferred; and
7. (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.