Subdivision 1. Form; due date. During the period a registration is effective, the subdivider shall file an annual report in a format the commissioner may by rule prescribe for subdivisions under section 83.23, subdivision 3. Subdividers under section 83.23, subdivision 2, shall not be required to file the annual report form except by order of the commissioner but are required to submit the fee under section 83.30, subdivision 2. Every annual report shall be due by the 120th day following the end of the subdivider's fiscal year, unless extended in writing by the commissioner for good cause.
Subd. 2. Fee. Every annual report filed pursuant to section 83.23, subdivision 2, shall be accompanied by a fee of $75. Every annual report filed pursuant to section 83.23, subdivision 3, shall be accompanied by a fee of $150.
Subd. 3. Failure to file; effect. Failure to file the annual report shall be cause for cancellation of the registration. If canceled, the registration may be reinstated at a subsequent date following the filing of the report and payment of the appropriate fees.
1973 c 413 s 11; 1974 c 440 s 5; 1977 c 46 s 1; 1984 c 452 s 15; 1984 c 640 s 32; 1987 c 358 s 100; 1989 c 252 s 5; 1996 c 305 art 2 s 16; 2014 c 222 art 1 s 28
Structure Minnesota Statutes
Chapters 82 - 83 — Real Estate Sales Regulations
Section 83.21 — Commissioner Of Commerce To Administer.
Section 83.23 — Registration Requirement.
Section 83.24 — Public Offering Statement.
Section 83.27 — Inquiry And Examination.
Section 83.28 — Sales Contract; Rescission.
Section 83.30 — Annual Report.
Section 83.31 — Changes Subsequent To Registration.
Section 83.32 — Inspection Of Records.
Section 83.33 — Blanket Encumbrance Sales And Other Prohibited Acts.
Section 83.35 — Enforcement; Powers Of Commissioner.
Section 83.36 — Injunctions; Receivers.
Section 83.37 — Penalties; Civil Remedies.
Section 83.38 — Administrative Pronouncements.
Section 83.39 — Service Of Process.
Section 83.40 — Scope Of Sections 83.20 To 83.42, 83.43 And 83.44.
Section 83.41 — Interstate Rendition.
Section 83.42 — Statute Of Limitations.
Section 83.43 — Criminal Penalties.