The developer shall amend or supplement the public offering statement to report any material change in the information required by § 66-32-112. As to any exchange program, the developer shall use the current written materials that are supplied to it for distribution to the time-share interval owners as it is received.
Material change
Tenn. Code Ann. § 66-32-116, under Time-Share Act of 1981.
Tenn. Code Ann. § 66-32-116