32-2197.07. Examination of plan by commissioner; fees
147 words·~1 min read·
/az/title-32/32-2197-07A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. The commissioner shall examine any timeshare plan offered for sale or lease in this state or located in this state and shall make public his findings.
B. The commissioner may physically inspect any timeshare plan offered for sale or lease in this state or located in this state.
C. An initial filing fee of twenty dollars per interest with a maximum fee of not more than one thousand dollars shall accompany the notice of intention filed pursuant to section 32-2197.02. A filing fee as established by rule shall accompany the application to amend the timeshare public report required in section 32-2197.04.
D. The developer of the timeshare plan shall bear the total cost of travel and subsistence expenses incurred by the department in the examination, in addition to the initial filing fee provided for in this section, on the basis of actual cost to the department.