§514E-9 Disclosure statement. (a) Any offering of a time sharing plan to the public shall disclose:
(b) The requirements of this section shall not apply to the following transactions:
(c) A developer or sales agent shall promptly amend or supplement the disclosure statement to report any material change in the information required by this section.
(d) If all the time share units are located outside the State, the disclosure statement shall contain the following statement:
[L 1980, c 186, pt of §1; am L 1981, c 81, §4; am L 1985, c 114, §3; gen ch 1985; am L 1988, c 65, §2; am L 2013, c 49, §1; am L 2014, c 70, §2; am L 2023, c 176, §1]