Tex. Prop. Code § 221.023

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 221.023 - Amendment of Registration

The developer shall file amendments to the registration reporting to the commission any materially adverse change in any document contained in the registration not later than the 30th day after the date the developer knows or reasonably should know of the change. The developer may continue to offer and dispose of timeshare interests under the existing registration pending review of the amendments by the commission if the materially adverse change is disclosed to prospective purchasers.

Tex. Prop. Code § 221.023

Amended By Acts 2005, 79th Leg., Ch. 539, Sec. 4, eff. 1/15/2006.
Added by Acts 1987, 70th Leg., ch. 167, Sec. 6.03, eff. 9/1/1987. Renumbered from Sec. 201.023 by Acts 1989, 71st Leg., ch. 2, Sec. 13.03(b), eff. 8/28/1989.