Requirements for Out-of-State Projects, Managing Agents, and Exchange Programs

1. Law
2. Georgia Code
3. Property
4. Regulation of Specialized Land Transactions
5. Time-Share Projects and Programs
6. Registration
7. Requirements for Out-of-State Projects, Managing Agents, and Exchange Programs

1. Time-share projects located outside this state and offered for sale in this state must comply with such time-share regulations as exist in the situs state unless the provisions of this article are more restrictive, and then the provisions of this article shall be equally applicable. A time-share project located outside this state may supplement its disclosure materials in that situs state with an added disclosure addendum to be applicable to sales occurring in this state, which disclosure addendum incorporates the law of this state if more restrictive.
2. Managing agents and exchange programs located outside this state and operating in this state must comply with all of the provisions of this article.

(Code 1981, §44-3-194, enacted by Ga. L. 1983, p. 1255, § 1; Code 1981, §44-3-191, as redesignated by Ga. L. 1995, p. 1260, § 1.)

Editor's notes.

- Ga. L. 1995, p. 1260, § 1, repealed former Code Section44-3-191, relating to requirement of registration of time-share programs, agents, and exchange companies and grounds for reprimand, or for denial, suspension, or revocation of registration, effective July 1, 1995, and renumbered former Code Section44-3-194 as Code Section44-3-191. Former Code Section 44-3-191 was based on Code 1981, § 44-3-191, enacted by Ga. L. 1983, p. 1255, § 1.

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