57-11-9 - Notice of filing of application for registration -- Division orders of registration or rejection.
57-11-9. Notice of filing of application for registration -- Division orders ofregistration or rejection.
(1) (a) Upon receipt of the application for registration in proper form, the division shallissue a notice of filing to the applicant within five business days of the date of receipt ofapplication.
(b) Within 30 days from the date of the notice of filing, or, if no notice of filing is issuedwithin the time required, within 35 days from the date of receipt of the application, the divisionshall register the subdivided lands or reject the registration.
(c) If the division has not entered the rejection within 30 days from the date of notice offiling, the land is considered registered unless the applicant has consented in writing to a delay.
(2) (a) After inquiry and examination, if the division affirmatively determines that therequirements of Subsection 57-11-8(1) have been met, it shall register the subdivided lands andshall designate the form of the public offering statement.
(b) The division may provide that the public offering statement is not effective untilevidence is obtained and made part of the public offering statement that demonstrates that allpermits or approvals necessary for the subdivided lands to be put to the use for which they areoffered have been granted.
(3) (a) After inquiry and examination, if the division determines that any of therequirements of Subsection 57-11-8(1) have not been met, it shall notify the applicant that theapplication for registration, the promotional plan, or the plan of disposition must be correctedwithin 15 days or within the time allowed by the division.
(b) If the requirements are not met within the time allowed, the division shall enter anorder rejecting the registration, giving the reasons for the rejection.
(c) Rejection of the registration is not effective for 20 days, during which time theapplicant may request a hearing.
Amended by Chapter 161, 1987 General Session