No person shall offer or dispose of a membership interest or membership right under a membership camping contract in this state unless the operator is registered. If an operator also sells membership camping contracts, that operator must also comply with the registration requirements for brokers. Each application for registration as a seller or broker must be accompanied by a fee set by the Secretary of State in amounts reasonable and necessary to cover the costs of administration.

Upon application.

Amended by H.B. 863, 71st Leg., R.S.