Tenn. Comp. R. & Regs. 1260-06-.08

Current through June 26, 2024
Section 1260-06-.08 - MANAGING AGENTS
(1) Each managing agent shall furnish on the form prescribed by the Commission the following information:
(a) Its principal office address and telephone number.
(b) The name of its responsible managing employee.
(c) The time-share program(s) that it is managing.
(d) The name and address of the developer of such time-share program(s).
(e) The name and address of the financial institution in which the managing agent deposits funds collected from time-share interval owners for common expenses and maintenance repairs.
(2) the managing agent shall promptly report to the Commission any change in the information submitted under this rule.

Tenn. Comp. R. & Regs. 1260-06-.08

Original rule filed April 17, 1985; effective May 17, 1985.

Authority: T.C.A. §§ 66-32-121 and 66-32-122.