California Business and Professions Code ARTICLE 3 - Time-Share Plan Requirements

• Section 11250.
  A time-share plan may be created in any accommodation unless otherwise prohibited. All time-share plans shall maintain a one-to-one purchaser to accommodation ratio, which means...
• Section 11251.
  (a) The developer of a single site time-share plan and for the component sites of a multisite time-share plan located in the state, shall cause to...
• Section 11252.
  In a time-share plan offering time-share use interests, the developer shall not encumber the accommodations of the time-share plan in a manner that could materially...
• Section 11253.
  For single site time-share plans and component sites of multisite time-share plans located in this state, the time-share instrument shall require that the following insurance...
• Section 11254.
  (a) In a time-share plan in which the fee or a long-term leasehold interest in all or some of the accommodations and in appurtenant real and...
• Section 11255.
  (a) The department shall require that each of the accommodations in a time-share plan offering time-share use interests be conveyed to a trustee or an association...
• Section 11256.
  (a) The contract proposed to be used by a developer applying for a public report for the sale or lease of time-share interests shall provide that...

Last modified: October 22, 2018