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.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.