2006 Minnesota Statutes

82A.08 ANNUAL REPORT.
    Subdivision 1. Requirement. During the period a registration is effective, the membership
camping operator shall file an annual report in a format the commissioner may reasonably
prescribe. Every annual report shall be due by the 120th day following the end of the operator's
fiscal year, unless extended in writing by the commissioner for good cause. The annual report
shall:
(1) specify the aggregate number of membership camping contracts sold in this state pursuant
to the registration or any amendment thereof;
(2) specify the number of membership camping contracts and aggregate dollar amount of
all sales of membership camping contracts in this state by the membership camping operator
since the date the registration became effective, or since the last annual report was filed with the
commissioner, whatever date is later;
(3) specify any exemption from registration claimed for any sale described in clause (2);
(4) list any changes in the information required to be filed under section 82A.04, subdivision
2 , clause (4);
(5) include an audited or unaudited financial statement consisting of a balance sheet for the
membership camping operator's last fiscal year end and an income statement for the 12 months
next preceding the date of the balance sheet, both prepared by an independent certified public
accountant; and
(6) provide such other information as the commissioner may by rule or order reasonably
require to administer the provisions of this chapter, including but not limited to, audited financial
statements.
    Subd. 2. Fee. Every annual report filed pursuant to this section shall be accompanied by
a fee of $500.
    Subd. 3. Cancellation. Failure to file the annual report shall be cause for cancellation of the
registration. Cancellation shall occur ten days after mailing of the notice of cancellation to the
operator or registrant. If canceled, the registration may be reinstated immediately following the
filing of the report and payment of the appropriate fees.
History: 1985 c 129 s 8; 1999 c 223 art 2 s 12