(a) The commission by rule shall adopt requirements for the issuance and renewal of a developer's registration under this chapter, including:
(1) the form required for application for registration or a renewal of registration; and
(2) any supporting documentation required for registration or renewal of registration.
(b) The commission shall issue or renew a registration under this chapter for a period not to exceed 24 months.
(c) The commission may assess and collect a fee for the issuance or renewal of a registration under this chapter.
(d) The commission may assess and collect a late fee if the commission has not received the fee or any supporting documentation required before the 61st day after the date a registration is issued or renewed under this section.
(e) Failure to pay a renewal fee or late fee is a violation of this chapter.