Required statements and disclosures.

1. Each orally presented or written advertisement which is designed to induce attendance at or participation in a sales presentation must conspicuously include: (a) The following statement: “This advertising material is being used for the purpose of soliciting sales of time shares”; and (b) A disclosure of any restrictions or conditions on the sale of a time share or the attendance or participation in the sales presentation. 2. The disclosure required by paragraph (b) of subsection 1 must be provided to a prospective purchaser in writing or electronically at least once before any scheduled sales presentation, but does not need to be included in every advertisement provided to a prospective purchaser before the sales presentation.