93A-50. Securities laws apply.
The North Carolina Securities Act, Chapter 78A, shall also apply, in addition to the laws relating to real estate, to timeshares deemed to be investment contracts or to other securities offered with or incident to a timeshare; provided, however, in the event of the applicability of the North Carolina Securities Act, any offer or sale of timeshares registered under this Article shall not be subject to the provisions of G.S. 78A-24 and any real estate broker registered under Article 1 of this Chapter shall not be subject to the provisions of G.S. 78A-36. (1983, c. 814, s. 1; 2000-140, s. 19(b); 2005-395, s. 21; 2021-163, s. 1(c); 2021-192, s. 5(a).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 93A - Real Estate License Law
§ 93A-40 - Registration required of timeshare programs; real estate license required.
§ 93A-42 - Timeshare estates deemed real estate; timeshare uses.
§ 93A-42.1 - Construction and validity of declarations adopted prior to the Timeshare Act.
§ 93A-44 - Contract of sale; public offering statement.
§ 93A-45 - Purchaser's right to cancel; escrow; violation.
§ 93A-49 - Service of process on exchange company.
§ 93A-50 - Securities laws apply.
§ 93A-51 - Rule-making authority.
§ 93A-53 - Register of applicants; roster of registrants; financial report to Secretary of State.
§ 93A-54 - Disciplinary action by Commission.
§ 93A-55 - Private enforcement.
§ 93A-56 - Penalty for violation of Article.
§ 93A-57 - Release of liens or subordination and notice to creditors instrument.
§ 93A-58 - Registrar required; criminal penalties; program broker.
§ 93A-59 - Preservation of an owner's claims and defenses.
§ 93A-60 - Substantial compliance.
§ 93A-62 - Delinquent assessments; developer guarantee.
§ 93A-63 - Reservation systems.
§ 93A-64 - Multisite timeshare program additions, substitutions, and deletions.
§ 93A-65 - Resale purchase contracts; prohibition against advance listing fee.
§ 93A-66 - Record keeping by resale service providers, transfer service providers, and lead dealers.
§ 93A-67 - Resale service providers.
§ 93A-68 - Timeshare transfer services.