Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 543RULES RELATING TO THE PROVISIONS OF THE TEXAS TIMESHARE ACT
RULE §543.13Renewal of Registration
ISSUE 05/20/2022
ACTION Proposed
Preamble Texas Admin Code Rule
(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 8-2, 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.

The agency certifies that legal counsel has reviewed the proposal and found it to be within the state agency's legal authority to adopt.

Filed with the Office of the Secretary of State on May 6, 2022

TRD-202201793

Abby Lee

Deputy General Counsel

Texas Real Estate Commission

Earliest possible date of adoption: June 19, 2022

For further information, please call: (512) 936-3057

 

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