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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 7. Miscellaneous

44-3-193. Modification of public offering statement; limitations on use of public offering statement.

Active

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

  1. (a)

    A developer must alter or supplement the form of or information contained in the public offering statement to assure that the public offering statement adequately and accurately discloses to prospective purchasers the material required to be disclosed by this article.#

  2. (b)

    The public offering statement shall not be used for any promotional purposes unless it is used in its entirety. No person shall advertise or represent that any federal, state, county, or municipal agency, board, or commission has approved or recommended the time-share program, its disclosure statement, or any of its documents.#

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, § 44-3-199, enacted by Ga. L. 1983, p. 1255, § 1; Code 1981, § 44-3-193, as redesignated by Ga. L. 1995, p. 1260, § 1.

Editor's notes

Ga. L. 1995, p. 1260, § 1, repealed former Code Section 44-3-193, relating to contents of application for registration of time-share program, effective July 1, 1995, and renumbered former Code Section 44-3-199 as Code Section 44-3-193. Former Code Section 44-3-193 was based on Code 1981, § 44-3-193, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1984, p. 22, § 44; Ga. L. 1985, p. 856, § 3.

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 308; merge action: carried; file SHA-256 490191d3dc54.