Arkansas § 18-14-205 Material changes

Arkansas Statutes

§ 18-14-205 — Material changes

Arkansas § 18-14-205

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This text of Arkansas § 18-14-205 (Material changes) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 18-14-205 (2026).

Text

(a)A developer shall amend or supplement its registration to report a material change in the information required by § 18-14-204 .

(b)(1) If there is a material change in a registration document, the developer shall file an amendment with the Arkansas Real Estate Commission to report the material change no later than forty-five (45) days after the developer knows or reasonably should have known of the change.

(2)The developer may continue to offer and dispose of time-share interests under the existing registration pending review of the amendments by the commission if the developer discloses the material change to prospective purchasers.

(3)The commission may charge a fee not to exceed three hundred dollars ($300) to process an amendment.

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(a) A developer shall amend or supplement its registration to report a material change in the information required by § 18-14-204 . (b) (1) If there is a material change in a registration document, the developer shall file an amendment with the Arkansas Real Estate Commission to report the material change no later than forty-five (45) days after the developer knows or reasonably should have known of the change. (2) The developer may continue to offer and dispose of time-share interests under the existing registration pending review of the amendments by the commission if the developer discloses the material change to prospective purchasers. (3) The commission may charge a fee not to exceed three hundred dollars ($300) to process an amendment.