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

44-3-194. Records required to be kept by developer or agents.

Active

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

Any developer or its agents shall keep among its business records and make reasonably available for examination to the purchaser or the time-share program’s association or its authorized agent the following:
(1)
A copy of each item required by this article;#
(2)
A copy of the sales agreement from each sale of a time-share interval in the time-share project, which sales agreement shall be retained for a period of at least three years after parties to the sale have completely performed all of their obligations thereunder; and#
(3)
A list of all employees or independent contractors, including their last known mailing address, which list shall include all current and previous employees or independent contractors whose employment or contract has been terminated within the preceding three years.#

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, § 44-3-200, enacted by Ga. L. 1983, p. 1255, § 1; Code 1981, § 44-3-194, as redesignated by Ga. L. 1995, p. 1260, § 1; Ga. L. 1996, p. 6, § 44.

Editor's notes

Ga. L. 1995, p. 1260, § 1, renumbered former Code Section 44-3-194 as present Code Section 44-3-191.

Cross references

Financial and other records to be kept by project association or managing agent, § 44-3-182.

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, pages 308 to 309; merge action: carried; file SHA-256 490191d3dc54.