HAR §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. [Eff 11/15/80; am and comp 3/28/85; comp 8/30/85; comp 11/29/85; comp 6/5/87; comp 3/7/88; comp 9/15/90] (Auth: HRS §514E-13) (Imp: HRS §514E-14) §16-106-26 Persons responsible for registration of preexisting time share plan. In addition to the requirements of chapter 514E, HRS, and this chapter, a developer, sales agent, or plan manager shall submit to the director at the time of registration of the preexisting time share plan a certified statement setting forth the location of the plan, the number of time share units in the plan, the nature of ownership of the units, the ownership or use periods, the date and an explanation of the manner in which the time share plan was created, the number of purchasers who purchased time share interests in the plan, and the name and address of the plan manager for the plan. [Eff 11/15/80; am and comp 3/28/85; comp 8/30/85; comp 11/29/85; comp 6/5/87; comp 3/7/88; comp 9/15/90] (Auth: HRS §514E-13) (Imp: HRS §514E-14)