{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-2181.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-2181.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-2181.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-2181.html"}],"law_id":77893,"edition_id":1,"section_id":77893,"structure_id":14035,"section_number":"55.1-2181","catch_line":"Annual report and amendments","history":"1982, c. 277, \u00a7 55-504; 2019, c. 712.","full_text":"A\n\nA declarant, within 30 days after the anniversary date of the order of registration, shall file annually a report to bring up to date the material contained in the application for registration and the public offering statement. This provision does not relieve the declarant of the obligation to file amendments pursuant to subsection B.B\n\nA declarant shall file promptly amendments to the public offering statement with the Common Interest Community Board.C\n\nIf an annual report reveals that a declarant owns or controls cooperative interests representing less than 25 percent of the voting power in the association and that a declarant has no power to increase the number of units in the cooperative or to cause a merger or confederation of the cooperative with other cooperatives, the Common Interest Community Board shall issue an order relieving the declarant of any further obligation to file annual reports. After such order is issued, so long as the declarant is offering any cooperative interests for sale, the Common Interest Community Board has jurisdiction over the declarant’s activities but has no other authority to regulate the cooperative.","order_by":null,"text":{"0":{"id":279326,"text":"A declarant, within 30 days after the anniversary date of the order of registration, shall file annually a report to bring up to date the material contained in the application for registration and the public offering statement. This provision does not relieve the declarant of the obligation to file amendments pursuant to subsection B.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":279327,"text":"A declarant shall file promptly amendments to the public offering statement with the Common Interest Community Board.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":279328,"text":"If an annual report reveals that a declarant owns or controls cooperative interests representing less than 25 percent of the voting power in the association and that a declarant has no power to increase the number of units in the cooperative or to cause a merger or confederation of the cooperative with other cooperatives, the Common Interest Community Board shall issue an order relieving the declarant of any further obligation to file annual reports. After such order is issued, so long as the declarant is offering any cooperative interests for sale, the Common Interest Community Board has jurisdiction over the declarant’s activities but has no other authority to regulate the cooperative.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":14035,"edition_id":1,"name":"Administration and Registration of Cooperatives","identifier":"5","label":"article","depth":4,"order_by":1,"parent_id":13509,"metadata":{},"date_created":"2026-06-26 03:46:39","date_modified":"2026-06-26 03:46:39","permalink":{"id":247419,"object_type":"structure","relational_id":14035,"identifier":"5","token":"55.1\/IV\/21\/5","url":"\/55.1\/IV\/21\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13509,"edition_id":1,"name":"Virginia Real Estate Cooperative Act","identifier":"21","label":"chapter","depth":3,"order_by":1,"parent_id":12914,"metadata":{},"date_created":"2026-06-26 03:45:06","date_modified":"2026-06-26 03:45:06","permalink":{"id":247109,"object_type":"structure","relational_id":13509,"identifier":"21","token":"55.1\/IV\/21","url":"\/55.1\/IV\/21\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12914,"edition_id":1,"name":"Common Interest Communities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:44:01","date_modified":"2026-06-26 03:44:01","permalink":{"id":246473,"object_type":"structure","relational_id":12914,"identifier":"IV","token":"55.1\/IV","url":"\/55.1\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12707,"edition_id":1,"name":"Property and Conveyances","identifier":"55.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":244769,"object_type":"structure","relational_id":12707,"identifier":"55.1","token":"55.1","url":"\/55.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":58593,"structure_id":14035,"section_number":"55.1-2173","catch_line":"Common Interest Community Board","url":"\/55.1-2173\/","token":"55.1\/IV\/21\/5\/55.1-2173","metadata":false},{"id":55127,"structure_id":14035,"section_number":"55.1-2174","catch_line":"General powers and duties of the Common Interest Community Board","url":"\/55.1-2174\/","token":"55.1\/IV\/21\/5\/55.1-2174","metadata":false},{"id":81963,"structure_id":14035,"section_number":"55.1-2175","catch_line":"Registration required","url":"\/55.1-2175\/","token":"55.1\/IV\/21\/5\/55.1-2175","metadata":false},{"id":57993,"structure_id":14035,"section_number":"55.1-2176","catch_line":"Application for registration; approval of uncompleted unit","url":"\/55.1-2176\/","token":"55.1\/IV\/21\/5\/55.1-2176","metadata":false},{"id":63020,"structure_id":14035,"section_number":"55.1-2177","catch_line":"Receipt of application; order or registration","url":"\/55.1-2177\/","token":"55.1\/IV\/21\/5\/55.1-2177","metadata":false},{"id":55448,"structure_id":14035,"section_number":"55.1-2178","catch_line":"Cease and desist order","url":"\/55.1-2178\/","token":"55.1\/IV\/21\/5\/55.1-2178","metadata":false},{"id":60220,"structure_id":14035,"section_number":"55.1-2179","catch_line":"Revocation of registration","url":"\/55.1-2179\/","token":"55.1\/IV\/21\/5\/55.1-2179","metadata":false},{"id":56706,"structure_id":14035,"section_number":"55.1-2180","catch_line":"Investigative powers of the Common Interest Community Board","url":"\/55.1-2180\/","token":"55.1\/IV\/21\/5\/55.1-2180","metadata":false},{"id":77893,"structure_id":14035,"section_number":"55.1-2181","catch_line":"Annual report and amendments","url":"\/55.1-2181\/","token":"55.1\/IV\/21\/5\/55.1-2181","metadata":false},{"id":76413,"structure_id":14035,"section_number":"55.1-2182","catch_line":"Annual report by associations","url":"\/55.1-2182\/","token":"55.1\/IV\/21\/5\/55.1-2182","metadata":false},{"id":56137,"structure_id":14035,"section_number":"55.1-2183","catch_line":"Common Interest Community Board regulation of public offering statement","url":"\/55.1-2183\/","token":"55.1\/IV\/21\/5\/55.1-2183","metadata":false},{"id":70660,"structure_id":14035,"section_number":"55.1-2184","catch_line":"Penalties","url":"\/55.1-2184\/","token":"55.1\/IV\/21\/5\/55.1-2184","metadata":false}],"previous_section":{"id":56706,"structure_id":14035,"section_number":"55.1-2180","catch_line":"Investigative powers of the Common Interest Community Board","url":"\/55.1-2180\/","token":"55.1\/IV\/21\/5\/55.1-2180","metadata":false},"next_section":{"id":76413,"structure_id":14035,"section_number":"55.1-2182","catch_line":"Annual report by associations","url":"\/55.1-2182\/","token":"55.1\/IV\/21\/5\/55.1-2182","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-2181\/","history_text":"

This law was first created in 1982. The record of its establishment is cataloged in chapter 277 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1982 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2019, chapter 712<\/a>.<\/p>","references":[{"id":70660,"section_number":"55.1-2184","catch_line":"Penalties","order_by":null,"url":"\/55.1-2184\/"}],"refers_to":false,"permalink":{"id":247453,"object_type":"law","relational_id":77893,"identifier":"55.1-2181","token":"55.1\/IV\/21\/5\/55.1-2181","url":"\/55.1-2181\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-2181\/","token":"55.1\/IV\/21\/5\/55.1-2181","dublin_core":{"Title":"Annual report and amendments","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-2181","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A declarant<\/span>, within 30 days after the anniversary date of the order<\/span> of registration, shall file annually a report to bring up to date the material<\/span> contained in the application for registration and the public offering<\/span> statement. This provision does not relieve the declarant<\/span> of the obligation to file amendments pursuant to subsection B. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A declarant<\/span> shall file promptly amendments to the public offering<\/span> statement with the Common Interest Community Board. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> If an annual report reveals that a declarant<\/span> owns or controls<\/span> cooperative interests<\/span> representing less than 25 percent of the voting power in the association<\/span> and that a declarant<\/span> has no power to increase the number of units<\/span> in the cooperative or to cause a merger or confederation of the cooperative with other cooperatives<\/span>, the Common Interest Community Board shall issue<\/span> an order<\/span> relieving the declarant<\/span> of any further obligation to file annual reports. After such order<\/span> is issued, so long as the declarant<\/span> is offering<\/span> any cooperative interests<\/span> for sale, the Common Interest Community Board has jurisdiction<\/span> over the declarant<\/span>’s activities but has no other authority to regulate the cooperative. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nANNUAL REPORT AND AMENDMENTS (\u00a7 55.1-2181)\n\nA. A declarant, within 30 days after the anniversary date of the order of\nregistration, shall file annually a report to bring up to date the material\ncontained in the application for registration and the public offering statement.\nThis provision does not relieve the declarant of the obligation to file\namendments pursuant to subsection B.\n\nB. A declarant shall file promptly amendments to the public offering statement\nwith the Common Interest Community Board.\n\nC. If an annual report reveals that a declarant owns or controls cooperative\ninterests representing less than 25 percent of the voting power in the\nassociation and that a declarant has no power to increase the number of units in\nthe cooperative or to cause a merger or confederation of the cooperative with\nother cooperatives, the Common Interest Community Board shall issue an order\nrelieving the declarant of any further obligation to file annual reports. After\nsuch order is issued, so long as the declarant is offering any cooperative\ninterests for sale, the Common Interest Community Board has jurisdiction over\nthe declarant’s activities but has no other authority to regulate the\ncooperative.\n\nHISTORY: 1982, c. 277, \u00a7 55-504; 2019, c. 712.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}