(a) A licensed real estate salesperson, licensed real estate broker, or licensed associate real estate broker may provide real estate brokerage services under a designated name that has been approved by the Commission.
(b) Subject to the approval of the Commission, a licensed real estate salesperson, licensed real estate broker, or licensed associate real estate broker may add a designated name on a license certificate and pocket card if the licensee submits to the Commission:
(1) an application on the form that the Commission provides;
(2) the license certificate and pocket card of the licensee;
(3) any documentation about the designated name that the Commission requires; and
(4) a fee of $5.
(c) The full legal name of the licensee and the approved designated name shall be displayed on the new license certificate and pocket card.