"Substantially completed" means that:

1. (1) all roadways, utilities, amenities, furnishings, appliances, structural components, and mechanical systems of buildings and premises are completed and provided as represented in the time share instrument or agreement or camping club membership agreement; and

2. (2) the premises are ready for occupancy and the proper governmental authority has caused to be issued a certificate of occupancy, if a certificate of occupancy is required.

   [Pre-2002 Recodification Citation: 24-5-9-29(b).]

As added by P.L.2-2002, SEC.17.