Illinois Compiled Statutes 765 ILCS 101 Real Estate Timeshare Act of 1999. Section 10-30

    (765 ILCS 101/10-30)

    Sec. 10-30. Records. The managing entity shall keep detailed financial records directly related to the operation of the association. All financial and other records shall be made reasonably available for examination by any purchaser, or the authorized agent of the purchaser, and the Department. For purposes of this Section, the books and records of the timeshare plan shall be considered "reasonably available" if copies of the requested portions are delivered to the purchaser or the purchaser's agent or the Department within 7 days of the date the managing entity receives a written request for the records signed by the purchaser or the Department. The managing entity may charge the purchaser a reasonable fee for copying the requested information.

(Source: P.A. 96-738, eff. 8-25-09.)

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Last modified: February 18, 2015