Texas Administrative Code

Texas Administrative Code

TITLE 22	EXAMINING BOARDS
PART 23	TEXAS REAL ESTATE COMMISSION
CHAPTER 543	RULES RELATING TO THE PROVISIONS OF THE TEXAS TIMESHARE ACT
RULE §543.12	Renewal of Registration
Repealed Date:	08/30/2022

Historical

Texas Register

(a) The registration of a timeshare plan expires on the last day of the month two years after the date the plan was registered.

(b) A developer of a timeshare plan may renew the registration for a two-year period by completing an Application to Renew the Registration of a Timeshare Plan, Form TSR 8-1, and paying the appropriate filing fee.

(c) Three months before the expiration of a registration, the Commission shall mail a renewal application form to the developer's last known mailing address as shown in the Commission's records.

(d) An application to renew a timeshare plan is considered void and is subject to no further evaluation or processing when the developer fails to provide information or documentation within two months after the Commission makes written request for correct or additional information or documentation.

(e) Denial of Renewal. The Commission may deny an application for renewal of a registration if the developer of a timeshare plan is in violation of the terms of a Commission order.

Source Note: The provisions of this §543.12 adopted to be effective August 28, 2006, 31 TexReg 6738; amended to be effective January 5, 2010, 35 TexReg 98; amended to be effective December 10, 2014, 39 TexReg 9535; amended to be effective December 11, 2019, 44 TexReg 7712