Georgia § 44-3-168 Developer control period in time-share estate program

Georgia Statutes

§ 44-3-168 — Developer control period in time-share estate program

Georgia § 44-3-168

Title44

This text of Georgia § 44-3-168 (Developer control period in time-share estate program) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 44-3-168 (2026).

Text

(a)The time-share instruments for a time-share estate program may provide for a developer control period.

(b)If the time-share instruments for a time-share estate program provide for the establishment of a developer control period, they shall include provisions for the following:

(1)Termination of the developer control period by action of the association;

(2)Termination of contracts for goods and services for the time-share program or for units in the time-share program entered into during the developer control period; and (3) A regular accounting by the developer to the association as to all matters that significantly affect the interests of owners in the time-share program including, but not limited to, the current status of payments under any security deed, contracts for improvement

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(a) The time-share instruments for a time-share estate program may provide for a developer control period. (b) If the time-share instruments for a time-share estate program provide for the establishment of a developer control period, they shall include provisions for the following: (1) Termination of the developer control period by action of the association; (2) Termination of contracts for goods and services for the time-share program or for units in the time-share program entered into during the developer control period; and (3) A regular accounting by the developer to the association as to all matters that significantly affect the interests of owners in the time-share program including, but not limited to, the current status of payments under any security deed, contracts for improvements, or other encumbrances.