Code of Virginia - Title 59.1 Trade And Commerce - Chapter 36 The Virginia Travel Club Act

59.1-445 Definitions
As used in this chapter, unless the context requires a different meaning: "Accommodations" means any real property improvement provided by the travel club to its ...

59.1-446 Registration; fees
A. It shall be unlawful for any travel club to offer or cause to be executed in this Commonwealth by the purchaser any travel services ...

59.1-447 Bond or letter of credit required
A. Every travel club, before entering into a travel services agreement with a purchaser of travel services, shall file and maintain with the Commissioner, in ...

59.1-447.1 Escrow of deposits
A. Any deposit made in connection with the execution of a travel services agreement shall be held in escrow. All cash deposits shall be held ...

59.1-448 Travel services agreement; disclosure
A. The travel services agreement shall contain a written disclosure of all limitations on and terms of the membership and shall be provided to the ...

59.1-448.1 Public offering statement
A. The travel club shall prepare and distribute to any prospective purchaser, before execution thereby of a travel services agreement, a public offering statement which ...

59.1-449 Prohibited practices by travel club
It shall be unlawful for any travel club to engage in any or all of the following practices: 1. Offer any other type of promotional ...

59.1-450 Regulations
The Board is authorized to prescribe reasonable regulations in order to implement the provisions of this chapter. These regulations shall be adopted, amended, or repealed ...

59.1-451 Investigations
A. The Commissioner may, with respect to a travel club or travel services agreements: 1. Make necessary public and private investigations within or without this ...

59.1-452 Production of records
Every travel club, upon written request of the Commissioner, shall make available to the Commissioner its travel-services records for inspection and copying to enable the ...

59.1-453 Exemptions
This chapter shall not apply to: 1. Any agreement which meets the definition of "contract" under, and is subject to, the provisions of the Virginia ...

59.1-454 Violations of chapter; penalty
Any violation of the provisions of this chapter or any travel services agreement executed therewith shall constitute a prohibited practice pursuant to the provisions of ...