Vacation Time-Sharing Plans
34-27-50Definitions.34-27-51Acts Constituting Violation of Article - Sell, Etc.; Without License; Failure to Provide Certain Documents at Time of Registration; Failure to Follow Rules of Advertising.34-27-52Acts Constituting Violation of Article - Failure to Keep Certain Items Among Business Records.34-27-53Acts Constituting Violation of Article - Failure to Utilize, Etc., Fully Completed Copy of Contract.34-27-54Acts Constituting Violation of Article - Failure, Etc., to Honor Buyer’s Request to Cancel Contract.34-27-55Acts Constituting Violation of Article - Failure to Refund All Payments; Failure to Place All Funds in Escrow Account.34-27-56Acts Constituting Violation of Article - Misrepresentation.34-27-57Acts Constituting Violation of Article - Sell, Etc., Interest in Plan to Third Person That Substantially Affects Rights of Other Owners.34-27-58Acts Constituting Violation of Article - Failure to Place 50 Percent of Cash, Etc., Received in Escrow; Failure to Provide Liability Insurance, Etc.34-27-59Acts Constituting Violation of Article - Failure to Disclose Total Financial Obligation, Etc., in Contract.34-27-60Acts Constituting Violation of Article - Misrepresentation; Waiver of Rights of Purchasers; Sale, Etc., Without License; Bad Checks.34-27-61Hearing; Refusal, Suspension, or Revocation of License; Willful Violation Defined; Escrow Deficiency.34-27-62Enforcement and Implementation of Article; Acts Constituting Misdemeanors; Voidability of Sales of Unregistered Plans, Etc.34-27-63Filing of Plan Relating to Units Not Substantially Completed Requires Filing of Additional Documents.34-27-64Registration Fees; Assessment of Costs of Investigating Violation of Article.34-27-65Proceeds from Sale, Etc., of Lease Plan Exempt from Transient Occupancy Tax.34-27-66Examination and License Requirements; Issuance and Renewal of License; Inactive Status; Change of Address.34-27-67Registration Required of Every Plan Offered for Sale.34-27-68Commission May Seek Injunctive Relief, Etc., for Violation of Article; Investigation; Revocation of Registration.34-27-69Surety Bond; Suspension, Etc., of License for Violation of Article; Reinstatement; Relicensure; Board Must Be Notified of Initiation, Etc., of Legal Action.