Title 15 — Commerce and Trade
Chapter 42 — Interstate Land Sales
§ 1704. Registration of subdivisions
Statutory text
Filing of statement of record
A subdivision may be registered by filing with the Director a statement of record, meeting the requirements of this chapter and such rules and regulations as may be prescribed by the Director in furtherance of the provisions of this chapter. A statement of record shall be deemed effective only as to the lots specified therein.
Payment of fees; use by Director
At the time of filing a statement of record, or any amendment thereto, the developer shall pay to the Director a fee, not in excess of $1,000, in accordance with a schedule to be fixed by the regulations of the Director, which fees may be used by the Director to cover all or part of the cost of rendering services under this chapter, and such expenses as are paid from such fees shall be considered nonadministrative.
Filing deemed to have taken place upon receipt of statement of record accompanied by fee
The filing with the Director of a statement of record, or of an amendment thereto, shall be deemed to have taken place upon the receipt thereof, accompanied by payment of the fee required by subsection (b).
Availability of information to public
The information contained in or filed with any statement of record shall be made available to the public under such regulations as the Director may prescribe and copies thereof shall be furnished to every applicant at such reasonable charge as the Director may prescribe.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Interstate Land Sales F till Disclosure Act
Pub. L. 90–448 title XIV § 1405 · 82 Stat. 476
Enacted · 15 U.S.C. § 1704
Pub. L. 90–448, title XIV, § 1405, Aug. 1, 1968, 82 Stat. 592
Source evidence
Code source credit
Pub. L. 90–448, title XIV, § 1405, Aug. 1, 1968, 82 Stat. 592Enacted provision · exact public law section
Sec. 1405. registration of subdivisions (a) A subdivision may be registered by filing with the Secretary a statement of record, meeting the requirements of this title and such rules and regulations as may Be prescribed by the Secretary in furtherance of the provisions of this title. A statement of record shall be deemed effective only as to the lots specified therein. (b) At the time of filing a statement of record, or any amendment thereto, the developer shall pay to the Secretary a fee, not in excess of $1,000, in accordance with a schedule to be fixed by the regulations of the Secretary, which fees may be used by the Secretary to cover all or part of the cost of rendering services under this title, and such expenses as are paid from such fees shall be considered nonadmmistrative. (c) The filing with the Secretary of a statement of record, or of an amendment thereto, shall be deemed to have taken place upon the receipt thereof, accompanied by payment, of the fee required by subsection (b). (d) The information contained in or filed with any statement of record shall be made available to the public under such regulations as the Secretary may prescribe and copies thereof shall be furnished to every applicant at such reasonable charge as the Secretary may prescribe.Consumer Financial Protection Act of 2010
Pub. L. 111–203 title X § 1098A(1) · 124 Stat. 1376
Substituted · 15 U.S.C. § 1704
Pub. L. 111–203 substituted “Director” for “Secretary” wherever appearing
Source evidence
Code amendment note
Pub. L. 111–203 substituted “Director” for “Secretary” wherever appearing.Enacted provision · exact public law section
(1) by 15 USC 1702 et seq. striking “Secretary” each place that term appears and inserting “Director”;Effective date note
Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.
2 of 2 references resolved to an enrolled provision
Editorial Notes
Amendments
2010—Pub. L. 111–203 substituted “Director” for “Secretary” wherever appearing.
Statutory Notes and Related Subsidiaries
Effective Date of 2010 Amendment
Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.
Effective Date
Section effective upon the expiration of two hundred and seventy days after , see section 1423 of Pub. L. 90–448, set out as a note under section 1701 of this title.
Credits
1968–2010 · 2 acts
- 1968Pub. L. 90–448, title XIV, § 1405, , 82 Stat. 592
- 2010Pub. L. 111–203, title X, § 1098A(1), , 124 Stat. 2105.
Show as published
(Pub. L. 90–448, title XIV, § 1405, , 82 Stat. 592; Pub. L. 111–203, title X, § 1098A(1), , 124 Stat. 2105.)