§1604-106. Public offering statement; condominium securities
If an interest in a condominium is currently registered with the Securities and Exchange Commission of the United States or the Office of Securities of this State, a declarant satisfies all requirements relating to the preparation of a public offering statement of this Act if the declarant delivers to the purchaser a copy of the public offering statement filed with the Securities and Exchange Commission or the Office of Securities. When a condominium is located in a state other than Maine, under the laws of which a public offering statement is required in detail similar to the requirements of this Act, a declarant satisfies all requirements relating to the preparation of a public offering statement if the declarant delivers to the purchaser a copy of that public offering statement. [PL 2001, c. 182, §14 (AMD).]
SECTION HISTORY
PL 1981, c. 699 (NEW). PL 2001, c. 182, §14 (AMD).
Structure Maine Revised Statutes
Chapter 31: MAINE CONDOMINIUM ACT
Article 4: PROTECTION OF CONDOMINIUM PURCHASERS
33 §1604-101. Applicability; waiver
33 §1604-102. Liability for public offering statement requirements
33 §1604-103. Public offering statement; general provisions
33 §1604-104. Public offering statement; condominiums subject to development rights
33 §1604-105. Public offering statement; condominiums containing conversion buildings
33 §1604-106. Public offering statement; condominium securities
33 §1604-107. Purchaser's right to cancel
33 §1604-108. Resales of units
33 §1604-109. Escrow of deposits
33 §1604-110. Release of liens
33 §1604-111. Conversion buildings
33 §1604-112. Express warranties of quality
33 §1604-113. Implied warranties of quality
33 §1604-114. Exclusion or modification of implied warranties of quality
33 §1604-115. Statute of limitations for warranties
33 §1604-116. Effect of violations on rights of action
33 §1604-117. Labeling of promotional material
33 §1604-118. Declarant's obligation to complete and restore