{"data":{"id":"us-ar/ark.-code-ann.-18-14-205","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 18-14-205","heading":"Material changes","body":"(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. Amended by Act 2013, No. 710,§ 2, eff. 8/16/2013. Acts 1983, No. 294, Art. 4, § 4-106; A.S.A. 1947, § 50-1330.\n\n(a) A developer shall amend or supplement its registration to report a material change in the information required by § 18-14-204 .\n\n(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.\n\n(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.\n\n(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.\n\n(3) The commission may charge a fee not to exceed three hundred dollars ($300) to process an amendment.","path":["AR Code","Title 18","Chapter 14","Subchapter 2"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"be1e56df2595ba8b9d2eb95775ba654e7e2a0788873222d1d2279aa234926edc","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-18-14-204","next":"us-ar/ark.-code-ann.-18-14-206"},"notice":"GroundRules: Original legal text. Not legal advice."}