Updates filing fee and annual fee requirements for time-sharing plans in West Virginia.

West Virginia SB734 updates the filing fee and annual fee for developers of time-sharing plans. The bill specifies that developers must pay a filing fee of 50 cents for each time-share period, up to a maximum of $1,500. For changes to the public offering statement, a fee of $250 is required if adding inventory. Additionally, managing entities must pay an annual fee of 50 cents for each time-share period, up to $500, by July 1 each year.

Updates filing fee and annual fee requirements for time-sharing plans in West Virginia.

West Virginia SB734 updates the filing fee and annual fee for developers of time-sharing plans. The bill specifies that developers must pay a filing fee of 50 cents for each time-share period, up to a maximum of $1,500. For changes to the public offering statement, a fee of $250 is required if adding inventory. Additionally, managing entities must pay an annual fee of 50 cents for each time-share period, up to $500, by July 1 each year.