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Section 42-103w to 42-103bb. - Application of chapter. Definitions. Contract; information required; right to cancel. Advertising and promotional devices. Unfair trade practices. Disclosure of information concerning prizes in advertisements and promot... - Sections 42-103w to 42-103bb, inclusive, are repealed, effective January 1,...
Section 42-103cc. - Short title: Time Share Act. - Sections 42-103cc to 42-103ddd, inclusive, shall be known and may...
Section 42-103dd. - Definitions. - As used in sections 42-103cc to 42-103ddd, inclusive: (1) “Accommodation”...
Section 42-103ee. - Application of Time Share Act and exemptions. Use of “vacation ownership” in advertisement and disclosures. - (a) Sections 42-103cc to 42-103ddd, inclusive, shall apply to the...
Section 42-103ff. - Exempt communications. - The following communications are exempt from sections 42-103cc to 42-103ddd,...
Section 42-103gg. - Recordation of time share instrument. Declaration. Licensure of sales agents. Exceptions. - (a) The developer of a time share plan any part...
Section 42-103hh. - Ownership and conveyance of time share interest. - (a) Once a property is established as a time share...
Section 42-103ii. - Registration of time share plan. Presales authorization. Application fee. Developer requirements after approval by commissioner. - (a) Except as provided by sections 42-103cc to 42-103ddd, inclusive,...
Section 42-103jj. - Time share plan registration application. Abbreviated application. Statement in lieu of abbreviated application. Exclusion. Application investigation and inspection of property. Costs. Amendments to registration. Fee. - (a) An application for registration filed under this section shall...
Section 42-103kk. - Regulations. Penalties. Hearings. Enforcement. Compliance with other statutes. Developer registration. Fees. - (a) The commissioner may adopt regulations, in accordance with chapter...
Section 42-103ll. - Advertisements and promotions. Prohibitions. Disclosures. - (a) An advertisement shall not materially misrepresent: (1) Facts or...
Section 42-103mm. - Time share disclosure statement. Written acknowledgment of receipt. - (a) Before a prospective purchaser signs any agreement to acquire...
Section 42-103nn. - Exchange disclosure statement. Filing with department. Amendments. Fees. - (a) Before the signing of any agreement to purchase a...
Section 42-103oo. - Duty and liability of developer. - Notwithstanding obligations placed upon any other persons pursuant to sections...
Section 42-103pp. - Cancellation of purchase contract. - (a) A purchaser may cancel a purchase contract before midnight...
Section 42-103qq. - Purchase contract statements. - (a) Each purchase contract shall contain the following language, in...
Section 42-103rr. - Exchange company. Liability exceptions. - (a) An exchange company may employ seasonal demand and unit...
Section 42-103ss. - Deposit of funds. Release of funds. Closing agent and developer agreement. Disputes relating to funds. Financial assurance in lieu of funds. - (a) A developer or closing agent of a time share...
Section 42-103tt. - Unfair trade practices. Use rights compliance. Nonmaterial error or omission. - (a) Any of the following committed by a developer or...
Section 42-103uu. - Insurance. - (a) Notwithstanding any provision contained in the time share instrument...
Section 42-103vv. - Developer prohibitions. Penalty. - (a) Except as provided in sections 42-103cc to 42-103ddd, inclusive,...
Section 42-103ww. - Annual statement of time share plan or time share property provided by managing entity upon request. Audits. Unfair trade practice. Posting in registration area of accommodation. Extension. Enforcement. - (a) Notwithstanding any provision of the required time share disclosure...
Section 42-103xx. - Treatment of assessments collected by managing entity. Disclosures. Fiduciary duty of managing entity. - (a) A managing entity that manages two or more single-site...
Section 42-103yy. - Assessments. Lien on time share interest. Foreclosure. - (a) The managing entity may levy and enforce assessments on...
Section 42-103zz. - Costs of delinquent assessment collection. Notice to purchaser. - Notwithstanding any provision of section 42-103yy or 36a-805, any costs...
Section 42-103aaa. - Books and records. - (a) A developer or managing entity, on written request by...
Section 42-103bbb. - Time share resale broker requirements. Rebuttable presumption. Exclusions. - (a) A time share resale broker who acts on behalf...
Section 42-103ccc. - Time share resale disclosure requirements. - Before a purchaser signs any contract to purchase a time...
Section 42-103ddd. - Time share resale agreement requirements. Exceptions. - (a) An agreement for a time share resale entered into...