ARSD 20:69:12:23. Preexisting time-share unit

Preexisting time-share units and time-share plans for preexisting time-share units must comply with the requirements of this chapter and the provisions of SDCL 43-15B by January 1, 1985. Time-share units not existing by July 1, 1983, are subject to this chapter when it takes effect. A developer, agent, or plan manager shall submit evidence, such as an agreement, contract, or document, at the time of filing of a preexisting time-share plan to show that a time-share unit or plan was created prior to July 1, 1983. Preexisting time-share plans must be filed on a form prescribed by the commission.