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Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 3. REGULATION OF SPECIALIZED LAND TRANSACTIONS · Article 5. TIME-SHARE PROJECTS AND PROGRAMS · Part 6. Registration

44-3-191. Requirements for out-of-state projects, managing agents, and exchange programs.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. (a)

    Time-share projects located outside this state and offered for sale in this state must comply with such time-share regulations as exist in the situs state unless the provisions of this article are more restrictive, and then the provisions of this article shall be equally applicable. A time-share project located outside this state may supplement its disclosure materials in that situs state with an added disclosure addendum to be applicable to sales occurring in this state, which disclosure addendum incorporates the law of this state if more restrictive.#

  2. (b)

    Managing agents and exchange programs located outside this state and operating in this state must comply with all of the provisions of this article.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 44-3-194, enacted by Ga. L. 1983, p. 1255, § 1; Code 1981, § 44-3-191, as redesignated by Ga. L. 1995, p. 1260, § 1.

Editor's notes

Ga. L. 1995, p. 1260, § 1, repealed former Code Section 44-3-191, relating to requirement of registration of time-share programs, agents, and exchange companies and grounds for reprimand, or for denial, suspension, or revocation of registration, effective July 1, 1995, and renumbered former Code Section 44-3-194 as Code Section 44-3-191. Former Code Section 44-3-191 was based on Code 1981, § 44-3-191, enacted by Ga. L. 1983, p. 1255, § 1.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t44-ch1-7-(v31)-2010-pdf.pdf, Volume V31, 2010 edition, page 307; merge action: carried; file SHA-256 490191d3dc54.