HARRY HUGHES, Governor

4617

rejecting registration. The order shall include the
specific reasons for the rejection. The Secretary's failure
to issue any order within 45 days of receipt or within the
time period agreed upon shall be deemed an approval of the
condominium. Rejection of an application for registration
by the Secretary of State may not act as a bar to
reapplication for registration. An application amended to
comply with the stated reasons for rejection and accompanied
by an additional fee as provided in subsection (b) shall be
approved by the Secretary of State upon his determination
that the amended application satisfies the requirements of
this section.

(d) (1) [While the developer retains ownership of
units in the condominium, he shall file a report with the
Secretary of State within 30 days of each anniversary date
of the order registering the condominium. The report shall
reflect any material changes in information contained in the
original application for registration.] A DEVELOPER SHALL
PROMPTLY FILE WITH THE SECRETARY OF STATE COPIES OF ANY
CHANGES IN THE DOCUMENTS OR INFORMATION CONTAINED IN THE
PUBLIC OFFERING STATEMENT WHICH ARE NECESSARY TO MAKE THE
DOCUMENTS OR INFORMATION CURRENT.

(2) If the [annual report reveals] DEVELOPER
NOTIFIES THE SECRETARY OF STATE that all of the units in the
condominium have been conveyed to unit owners other than the
developer, and that the developer cannot add additional
units to the condominium, the Secretary of State shall issue
an order terminating the registration of the condominium.

(e)  The Secretary of State shall be responsible for
the administration of this section.

(1)  The Secretary may adopt, amend, and repeal
regulations necessary to carry out the requirements of the
provisions of this section.

(2)  The Secretary may prescribe forms and
procedures for submitting applications.

(F) THIS SECTION DOES NOT APPLY TO THE SALE OF ANY
UNIT WHICH IS TO BE OCCUPIED AND USED FOR NONRESIDENTIAL
PURPOSES.

11-128.

(a) The Secretary of State shall establish a file of
local legislation affecting condominiums as enacted
[pursuant to the provisions] UNDER §§ 11-130, 11-137,
11-138, 11-139 AND 11-140 of this title, indexed by county
and municipality.

11-130.