Sec. 221.026. ISSUANCE AND RENEWAL OF REGISTRATION. (a) The commission by rule shall adopt requirements for the issuance and renewal of a developer's registration under this chapter, including:
(1) the form required for application for registration or a renewal of registration; and
(2) any supporting documentation required for registration or renewal of registration.
(b) The commission shall issue or renew a registration under this chapter for a period not to exceed 24 months.
(c) The commission may assess and collect a fee for the issuance or renewal of a registration under this chapter.
(d) The commission may assess and collect a late fee if the commission has not received the fee or any supporting documentation required before the 61st day after the date a registration is issued or renewed under this section.
(e) Failure to pay a renewal fee or late fee is a violation of this chapter.
Added by Acts 2005, 79th Leg., Ch. 539 (H.B. 1045), Sec. 4, eff. January 15, 2006.
Structure Texas Statutes
Title 12 - Miscellaneous Shared Real Property Interests
Chapter 221 - Texas Timeshare Act
Section 221.021. Registration Required
Section 221.022. Application for Registration
Section 221.023. Amendment of Registration
Section 221.024. Powers of Commission
Section 221.0245. Complaint Investigation
Section 221.025. Effect of Registration on Other Laws: Exemption From Certain Laws
Section 221.026. Issuance and Renewal of Registration