Tennessee Statutes

§ 66-32-132 — Advertising - Specific prohibitions

Tennessee·Title 66

No advertising for the offer or sale of time-share intervals shall:

(1)Contain any representation as to the availability of a resale program or rental program offered by or on behalf of the developer or its affiliate unless the resale program and/or rental program has been made a part of the offering and submitted to the commission;
(2)Contain an offer or inducement to purchase which purports to be limited as to quantity or restricted as to time unless the numerical quantity and/or time applicable to the offer or inducement is clearly and conspicuously disclosed;
(3)Contain any statement concerning the investment merit or profit potential of the time-share interval unless the commission has determined from evidence submitted on behalf of the developer that the representation is neither

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Legislative History

Acts 1983, ch. 210, § 8.

Nearby Sections

15
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