Current through January 8, 2025
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.