RS 1124.101 - Applicability; waiver
A. This Subpart applies to all units subject to this Part, except as provided in Subsection B.
B. A public offering statement need not be prepared or delivered in the case of:
(1) A gratuitous transfer of a unit.
(2) A disposition pursuant to court order.
(3) A disposition by foreclosure or giving in payment, or
(4) A transfer to which Section 1124.107 applies.
Acts 1979, No. 682, §1.