Notice is hereby given that the North Carolina Real Estate Licensing Board, pursuant to the authority vested in it by Section 93A-3(c) of the General Statutes of North Carolina proposes to:

1. Adopt a new rule to be contained in Title 21, Chapter 58 of the North Carolina Administrative Code, codified and summarized as follows:

.0110 Designated Broker-Every real estate firm or branch office thereof shall designate a licensed broker to assume responsibility for the proper display of licenses of all licensees associated with the firm, notification to the Licensing Board of changes in the firm's business address or trade name, the proper conduct of the firm's advertising, and the proper maintenance of the firm's trust account and transaction records.

2. Adopt a new paragraph (b) to be added to Rule .0506 of Title 21, Chapter 58 of the North Carolina Administrative Code, codified and summarized as follows:

.0506(b)-The supervising broker of a licensed real estate salesman shall actively and personally supervise the salesman. Failure to supervise a salesman will subject the supervising broker to discipline by the Licensing Board.

3. Amend Rule .0102 of Title 21, Chapter 58 of the North Carolina Administrative Code by deleting that portion of the rule which permits a licensed real estate salesman to manage a branch office of a real estate firm.

The new rule .0110, the new paragraph (b) of Rule .0506 and the change in Rule .0102 are proposed to become effective on April 1, 1983.

Notice is also given that any person interested in these rules may present written or oral comments relevant to the action proposed at a public rule-making hearing to be held at the office of the North Carolina Real Estate Licensing Board, 1200 Navaho Drive, Raleigh, North Carolina, on January 20, 1983 at 3:00 p.m. Written statements not presented at the public he~ring should be directed, so as to be delivered not later than January 31, 1983, to the office of the North Carolina Real Estate Licensing Board,, 1200 Navaho Drive, Post Office Box 17100, Raleigh, North Carolina '27619.

Copies of the proposed rules are available for public inspection, or may be obtained upon request from the Real Estate Licensing Board.

This the 30th day of December, 1982.

PHILLIP T. FISHER

Phillip T. Fisher, Secretary-Treasurer