(1) Each managing agent shall furnish on the form prescribed by the Commission the following information:
- (a) Its principal office address and telephone number.
- (b) The name of its responsible managing employee.
- (c) The time-share program(s) that it is managing.
- (d) The name and address of the developer of such time-share program(s).
- (e) The name and address of the financial institution in which the managing agent deposits funds collected from time-share interval owners for common expenses and maintenance repairs.
- (2) The managing agent shall promptly report to the Commission any change in the information submitted under this rule.
Authority: T.C.A. §§ 66-32-121 and 66-32-122. Administrative History: Original rule filed April 17, 1985; effective May 17, 1985.