Texas Property Code

§ 221.026 — ISSUANCE AND RENEWAL OF REGISTRATION

PR § 221.026Title 12. MISCELLANEOUS SHARED REAL PROPERTY INTERESTS · Ch. 221. TEXAS TIMESHARE ACT · Art. C. REGISTRATION

Statute text

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(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.

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Legislative history

Added by Acts 2005, 79th Leg., Ch. 539 (H.B. 1045), Sec. 4, eff. January 15, 2006.