• § 44-3-172 - Contents of Public Offering Statement
  (a) A public offering statement must be provided to each purchaser of a time-share interval. Prospective purchasers receiving a copy of the public offering...
• § 44-3-173 - Annual Reports Filed by Exchange Companies and Multilocation Developers
  (a) An exchange company whose exchange program is offered to purchasers in connection with the offer or disposition of time-share intervals in this state...
• § 44-3-174 - Public Offering Statement Provided to Purchasers; Cancellation of Sales Agreement by Purchaser or Developer; Statement Acknowledging Receipt
  (a) Before transfer of a time-share interval and no later than the date of any sales agreement, the developer shall provide the intended transferee...
• § 44-3-175 - Funds Required to Be Escrowed by Developer; Exceptions; Escrow Agents
  (a) A developer of a time-share program shall: (1) Deposit with an escrow agent 100 percent of all funds which are received during the...
• § 44-3-176 - Payments Received by Developer on Uncompleted Projects to Be Escrowed
  (a) If a developer enters into a sales agreement to sell a time-share interval and the construction, furnishing, and landscaping of the time-share project...
• § 44-3-177 - Exemption From Other State Laws Requiring Registration and Public Offering Statements
  (a) Any time-share program registered under this article in which a public offering statement has been prepared shall not require registration under any of...
• § 44-3-178 - Exceptions to Public Offering Statement Requirement Under This Article
  (a) In lieu of the public offering statement required by this article, the developer may give prospective purchasers a public offering statement or similar...
• § 44-3-179 - Updating Public Offering Statement Required
  The developer shall immediately amend or supplement the public offering statement to report any material change in the information required by Code Section 44-3-172....
• § 44-3-180 - Purchase of Interval is Free of Liens Affecting that Interval; Exceptions
  (a) Unless the purchaser expressly agrees in the sales agreement to accept such purchaser's interest subject to a lien or by assuming a lien...
• § 44-3-181 - Transfer of Developer's Entire Interest
  The developer shall not sell, lease, assign, or otherwise transfer the entire interest of the developer, other than as a transfer of a time-share...
• § 44-3-182 - Financial and Other Records of Time-Share Project Association or Managing Agent
  The person or entity responsible for making or collecting common expense assessments or maintenance assessments shall keep detailed financial records and shall keep said...
• § 44-3-183 - Remedy for Violation of Article; Punitive Damages; Attorney's Fees
  If a developer or any other person subject to this article violates any provision of this article or any provision of the project instruments,...
• § 44-3-184 - Limitation of Actions
  A judicial proceeding where the accuracy of the public offering statement or validity of any sales agreement is an issue and a rescission of...

Last modified: October 14, 2016