Título 44. PROPERTY · Capítulo 3. REGULATION OF SPECIALIZED LAND TRANSACTIONS · Artículo 5. TIME-SHARE PROJECTS AND PROGRAMS · Parte 2. Administration
44-3-171. Sale of time-share intervals and programs organized prior to July 1, 1983.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
In the event that:
- (1)
Time-share intervals in a time-share program have been sold in this state to a resident of this state prior to July 1, 1983;#
- (2)
The time-share instruments and project instruments creating such program do not provide for or contain the provisions required by Code Sections 44-3-166 through 44-3-170; and#
- (3)
The developer does not control a sufficient number of votes in the time-share program to amend the time-share instruments and project instruments to provide for the inclusion of the provisions required by Code Sections 44-3-166 through 44-3-170 without the vote of any other time-share interval owners,#
then the developer shall include in the public offering statement a listing of those provisions required by Code Sections 44-3-166 through 44-3-170 but not included in the instruments.
History
Code 1981, § 44-3-171, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1985, p. 149, § 44; Ga. L. 1986, p. 10, § 44; Ga. L. 1989, p. 321, § 4; Ga. L. 1990, p. 227, § 19; Ga. L. 1995, p. 1260, § 1.
Cross references
Application of article to time-share programs created prior to or following effective date of law, § 44-3-205.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t44-ch1-7-(v31)-2010-pdf.pdf, Volumen V31, edición 2010, páginas 284 a 285; acción de fusión: carried; SHA-256 del archivo 490191d3dc54.