§ 18-608 – Recordkeeping and reporting requirements
18-608. Recordkeeping and reporting requirements A. A sandbox participant must retain records, documents and data produced in the ordinary course of business regarding an innovation tested in the property technology sandbox. B. If an innovation fails before the end of the testing period, the sandbox participant must notify the chief executive officer and report on […]
§ 18-609 – Records; disclosure; evidentiary effect
18-609. Records; disclosure; evidentiary effect A. Records that are submitted to or obtained by the chief executive officer in administering this chapter are not public records or open for inspection by the public. B. Records and information that are submitted or obtained pursuant to this chapter may be disclosed to any of the following: 1. […]
§ 18-610 – Reporting requirements; monitoring; enforcement; agreements
18-610. Reporting requirements; monitoring; enforcement; agreements A. The chief executive officer may establish periodic reporting requirements for sandbox participants. B. The chief executive officer may request records, documents and data from sandbox participants. On the chief executive officer’s request, sandbox participants must make such records, documents and data available for inspection by the chief executive […]
§ 18-611 – Applicability
18-611. Applicability This chapter does not apply to a profession that is regulated pursuant to title 32, chapter 20.
§ 18-601 – Definitions
18-601. Definitions In this chapter, unless the context otherwise requires: 1. " Applicable agency" means a department or agency of this state established by law to regulate certain types of business activity in this state and persons engaged in such business, including types of authorization, that the chief executive officer determines would regulate a sandbox […]
§ 18-602 – Program purpose
18-602. Program purpose The chief executive officer shall establish a property technology sandbox program in direct consultation with the department of administration, the state real estate department and other applicable agencies of this state to enable a person to obtain limited access to the market in this state to test innovative property products or services […]
§ 18-603 – Application process and requirements; fee
18-603. Application process and requirements; fee A. Any person may apply to enter the property technology sandbox to test an innovation. B. The chief executive officer must accept and review each application for entry into the property technology sandbox on a rolling basis. C. An application must demonstrate that an applicant both: 1. Is an […]
§ 18-604 – Consultation with applicable agencies; admission authority; state properties available for use
18-604. Consultation with applicable agencies; admission authority; state properties available for use A. The chief executive officer must consult with an applicable agency before admitting an applicant into the property technology sandbox. This consultation may include seeking information about: 1. Whether the applicable agency previously has either: (a) Issued a license or other authorization to […]
§ 18-605 – Scope
18-605. Scope A. If the chief executive officer approves an application for entry into the property technology sandbox, the applicant is deemed a sandbox participant and both of the following apply: 1. The sandbox participant has twenty-four months after the date of approval to test the innovation described in the sandbox participant’s application. 2. The […]
§ 18-606 – Consumer protection
18-606. Consumer protection A. Before providing an innovative property product or service to consumers, a sandbox participant must disclose to consumers all of the following: 1. The name and contact information of the sandbox participant, including the registration number provided by the chief executive officer pursuant to section 18-605. 2. That the innovative property product […]