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TITLE 32 PROFESSIONS AND OCCUPATIONS

CHAPTER 20 REAL ESTATE

ARTICLE 9 REAL ESTATE TIMESHARES

32-2197.11. Developer supervisory duties.

The developer shall supervise, manage and control all aspects of the offering of the timeshare plan, including promotion, advertising, contracting and closing. The developer is responsible for each timeshare plan registered by the developer with the department and for the actions of any sales agent or managing entity used by the developer in the offering or selling of any registered timeshare plan. Any violation of this article that occurs during the offering activities shall be deemed to be a violation by the developer as well as by the sales agent or managing entity who actually committed the violation. The developer is responsible for the actions of the association and managing entity only while they are subject to the developer's control, as provided in the timeshare instruments or by law.

Last Legislative Year: 2001

Recent legislative history: Laws 2001, Ch. 170, § 15.

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