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2012 Statute



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58-3320.Registration and report fees. (a) For the registration of subdivided lands there shall be paid to the commissioner a registration fee of ten dollars ($10), plus one-tenth of one percent of the maximum aggregate offering price of the registered subdivided lands to be offered in this state up to one hundred thousand dollars ($100,000), plus one-twentieth of one percent of the amount in excess of one hundred thousand dollars ($100,000) and not exceeding four hundred thousand dollars ($400,000), plus one-fortieth of one percent of the amount in excess of four hundred thousand dollars ($400,000); but in no case shall such fee be greater than five hundred dollars ($500) for each registration: Provided, however, That the commissioner may prescribe a maximum amount of subdivided lands to be registered at any one time. If registration is denied or withdrawn prior to the offering of subdivided lands in this state, the commissioner shall refund all of the fee in excess of one hundred dollars ($100).

(b) The land and books and records of every person selling or offering for sale subdivided lands subject to the provisions of this act shall be subject to examination by the commissioner, or such other person as the commissioner may designate, and the examinee shall pay a fee for each examiner employed to make such examination of not to exceed twenty-five dollars ($25) for each day or fraction thereof, plus the actual expenses, including the cost of transportation of said examiner, while he or she is absent from his or her office for the purpose of making said examination.

The commissioner may require any registrant under this act to file a semiannual report containing such reasonable information as he or she may believe necessary regarding the financial condition of such registrant and the subdivided lands sold in this state by such person. Each report shall be accompanied by a filing fee of five dollars ($5).

History: L. 1967, ch. 311, § 20; July 1.



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