Current with changes from the 2024 Legislative Session
Section 9:1131.25 - RemediesA. The remedies provided herein shall be in addition to any other remedies provided by law.B. The timeshare declaration and bylaws shall have the force of law between the individual owners. The remedies for breach of any obligation imposed on owners or the developer shall be damages, injunctions, or any other remedies provided by law.C.(1) No developer shall have any liability arising out of the use, delivery, or publication by the developer of information provided to it by an exchange company; unless the developer knows the information is false.(2)(a) Except as provided in this Subsection, no exchange company shall have any liability with respect to: (i) any representation made by the developer relating to a program for the exchange of timeshare interests or an exchange company; or(ii) the use, delivery, or publication by the developer of any information relating to a program for the exchange of timeshare interests or an exchange company.(b) An exchange company shall only be liable for written information provided to the developer by the exchange company.Added by Acts 1983, No. 552, §1.Added by Acts 1983, No. 552, §1.