Haw. Code R. § 16-106-25 - Preexisting time share unit
(a) Except as to
the geographic limitation set forth in section
514E-5,
HRS, preexisting time share units and time share plans for preexisting time
share units shall comply with the requirements of this chapter and chapter
514E, HRS, by January 1, 1981.
(b)
Time share units not qualifying for preexisting status by June 29, 1980, shall
be subject to the provisions of section
514E-5,
HRS.
(c) A developer, sales agent,
or plan manager shall submit evidence, such as an agreement, contract, or
document, at the time of registration of any preexisting time share units or
preexisting time share plan to show that each unit or plan was created prior to
June 29, 1980.
(d) A form for
registration of any preexisting time share units or preexisting time share plan
shall be prescribed by the director.
Notes
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