The schedule adopted by the
board marked a quick shift of gears from its preliminary
discussions in November, when the panel had mapped out a plan to
phase in and evaluate the various reform recommendations more slowly.
(A) For the purpose of affording those affiliated with Member
Boards a greater opportunity for cooperation and
discussion of administrative and business problems of the particular
phases of the real estate business in which they are individually interested, the
Board of Directors may establish Institutes, Societies or Councils of the National Association.