18VAC48-60-17. Association registration expiration and renewal.
A. An association registration shall expire one year from the last day of the month in which it was issued.
B. Prior to the expiration date on the registration, the board shall mail a renewal notice to the registered association's contact person named in the board's records. Failure to receive a renewal notice from the board does not relieve the association of the obligation to renew by filing the annual report with the applicable fee.
C. Each association shall renew its registration by filing an annual report with the board. A registration shall be renewed and considered current upon receipt and processing by the board office of the completed annual report along with the renewal fee pursuant to 18VAC48-60-60.
D. An association that does not renew registration within 12 months after expiration of the registration may not renew and must submit a new common interest community association registration application by filing the annual report and applicable registration fee.
E. The governing board of an association that fails to comply with registration requirements in this chapter may be subject to action by the board in accordance with 18VAC48-60-14 D.
Statutory Authority
§ 54.1-2349 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 25, Issue 15, eff. May 15, 2009; amended, Virginia Register Volume 37, Issue 24, eff. September 1, 2021.