57-11-10 - Renewal report -- Renewal fee -- Examination by division -- Annual reports.
57-11-10. Renewal report -- Renewal fee -- Examination by division -- Annualreports.
(1) (a) Within 30 days after each annual anniversary date of the division's registration ofsubdivided lands, the subdivider shall file a renewal report in the form prescribed by the divisiontogether with a renewal fee of $200.
(b) The report shall reflect any material changes in information contained in the originalapplication for registration, including any change in ownership of the subdivider.
(c) The report shall also indicate the number of units in the subdivision that have beendisposed of since the division registered the subdivided lands.
(2) (a) The division may, upon the filing of a renewal report, initiate a renewalexamination of the kind described in Section 57-11-8.
(b) If the division determines upon inquiry and examination that any of the requirementsof Section 57-11-8 have not been met, it shall notify the subdivider that the report, thepromotional plan, or the plan of disposition must be corrected within 20 days or any additionaltime allowed by the division.
(c) If the requirements are not met within the time allowed, the division may,notwithstanding the provisions of Section 57-11-13 and without further notice, issue a cease anddesist order according to the emergency procedures of Title 63G, Chapter 4, AdministrativeProcedures Act, barring further sale of the subdivided lands.
(3) The division may permit the filing of annual reports within 30 days after theanniversary date of the consolidated registration in lieu of the anniversary date of the originalregistration.
Amended by Chapter 382, 2008 General Session