Sec. 20-329f. Issuance of license. Fees.
Sec. 20-329f. Issuance of license. Fees. (a) The commission shall, upon completion of the investigation and inspection as provided in section 20-329e, but, in the absence
of any agreement to the contrary between the applicant and the commission, not later
than three months from the receipt of the completed license application, or receipt of
an effective statement of record filed with the Secretary of Housing and Urban Development and filed with the commission pursuant to subsection (c) of section 20-329b, (1)
approve or disapprove the prospectus, property report or offering statement submitted
under subsection (c) of section 20-329b or section 20-329d, as the case may be, and (2)
if satisfied, issue to the applicant, upon payment to the commission of a fee computed
as provided in subsection (b) of this section, a license to offer and dispose of in this
state the subdivision or parcels, units or other interests in any subdivision that is the
subject of the application or such effective statement of record. Such license shall be
valid for one year and may be renewed annually upon payment to the commission of a
fee, computed as provided in subsection (b) of this section, unless there is a material
change affecting such subdivision or lot, parcels, units or other interest in any subdivision
or the offer or disposition thereof, in which case all new facts shall be reported to the
commission immediately. Upon receipt of such report or in the event that any such
material change is discovered by or comes to the attention of the commission through
other sources, the commission may, after hearing pursuant to section 20-321, take such
action as the commission considers necessary, including the suspension or revocation
of such license if justified.
(b) The amount any person shall pay for an initial license fee or a renewal license
fee for each subdivision covered by the license shall be computed on the basis of the
rates set forth in the following schedule.
Number
Of Lots or UnitsInitial
FeeAnnual
Renewal Fee
1- 50$250.$100.
51-100$275.$125.
101-150$300.$150.
151-200$325.$175.
201-250$350.$200.
251-300$375.$225.
301-350$400.$250.
351-400$425.$275.
401-450$450.$300.
451-500$475.$325.
501 and above$500.$350.
(1969, P.A. 697, S. 6; 1971, P.A. 488, S. 5; P.A. 73-564, S. 3; P.A. 76-435, S. 27, 82; P.A. 77-614, S. 235, 610; P.A.
82-98, S. 2; P.A. 94-36, S. 4, 42; P.A. 98-10, S. 46; June Sp. Sess. P.A. 98-1, S. 87; P.A. 00-21, S. 4; P.A. 05-288, S. 86.)
History: 1971 act incorporated effective statement of record filed with secretary of housing and urban development as
alternative to license application, replaced "sales prospectus" with "prospectus, property report or offering statement",
replaced provision for indefinite validity of license with validity for one year and imposed $100 for renewal; P.A. 73-564
added Subsec. (b) containing fee schedules and added references where appropriate in Subsec. (a); P.A. 76-435 revised
fee schedule; P.A. 77-614 replaced "its" with "the" modifying "investigation", reflecting transfer of investigation power
to consumer protection department, effective January 1, 1979; P.A. 82-98 amended Subsec. (b), allowing for determination
of license fees according to the number of units; P.A. 94-36 amended Subsec. (a) to eliminate reference to license expiration
date, effective January 1, 1995; P.A. 98-10 and June Sp. Sess. P.A. 98-1 made technical changes in Subsec. (a); P.A. 00-21 substituted "for" for "in respect of" in Subsec. (b); P.A. 05-288 made technical changes in Subsec. (a), effective July
13, 2005.
See Sec. 21a-10(b) re staggered schedule for license renewals.