12 C.F.R. § 1010.508

Current through November 30, 2024
Section 1010.508 - Effect of suspension of certification granted under 15 U.S.C. 1708(a)(2): Sufficient protection requirement
(a) If a state certified under 15 U.S.C 1708(a)(2) suspends its own certification or has its certification withdrawn under § 1010.505 , the effectiveness of the Federal disclosure materials accepted and made effective by the Director, pursuant to § 1010.506 , prior to the suspension or withdrawal shall terminate ninety (90) days after the notice of withdrawal order is published in the FEDERAL REGISTER as provided in § 1010.505(c) .
(b) At the end of the ninety day period, or during the ninety day period in the event that there is a change in material fact with regard to a subdivision that remains registered under the provisions of paragraph (a) of this section, the developer shall file a new registration with the Director meeting the requirements of the then applicable Federal registration regulations. Modifications of the Federal format may be used as specified by the Director.

12 C.F.R. §1010.508

76 FR 79489 , Dec. 21, 2011, as amended at 81 FR 29118 , May 11, 2016