Section 9 – Duration of registration — Amendment and renewal — Supplemental disclosure — Notice of amendment.

• (1) Registration of a development is effective for a period of one year and may, upon application, be renewed for successive periods of one year each.

• (2)
  • (a) A registration may be amended at any time, for any reason, by filing an amended application for registration.
  • (b) The amended registration shall become effective in accordance with Section 57-19-6.

• (3)
  • (a) The developer shall supplement the property report as often as is necessary to keep the required information reasonably current.
  • (b) The supplements described in Subsection (3)(a) shall be filed with the director in accordance with Section 57-19-8.

• (4)
  • (a) A developer shall provide timely notice to the director of any event that occurs that could result in a material adverse effect on the conduct of the operation of the development.
  • (b) In addition to the notification described in Subsection (4)(a), the developer shall, within 30 days after the day on which an event described in Subsection (4)(a) occurs, file an amendment to the registration disclosing the information previously provided.

• (5) Each application for renewal of a registration and each supplementary filing described in this section shall be accompanied by a fee of $200.

Amended by Chapter 255, 2016 General Session