(a) A single site time-share plan and component sites of a multisite time-share plan that are located outside the state are to be established and governed by the applicable laws of the state in which the time-share property or component site is located.
(b) If there is a conflict between the affirmative standards stated in the laws of the state or jurisdiction that governs an out-of-state time-share plan and this subchapter, the law of the state or jurisdiction in which the time-share property is located controls.
(c) If the association and the time-share instruments provide for the matters contained in §§ 18-14-302 — 18-14-306, as applicable, the developer or association is considered to be in compliance with these sections and is not required to revise the time-share instruments to comply with this subchapter.
Structure Arkansas Code
Chapter 14 - Arkansas Time-Share Act
Subchapter 3 - Creation, Termination, and Management
§ 18-14-301. Time-share plans permitted
§ 18-14-302. Contents of instruments establishing time-share estates
§ 18-14-303. Provisions for management and operation of time-share estate plans
§ 18-14-304. Developer control period
§ 18-14-305. Instruments establishing time-share uses
§ 18-14-306. Provisions for management and operation of time-share use plans
§ 18-14-307. Partition of accommodations