ARSD 20:69:12:36. Unprofessional conduct

A developer or agent of time-share plans or units may not do any of the following: (1) Use a promotional device without fully disclosing that the device is being used for the purpose of soliciting sales of time-share plans or units; (2) Misrepresent or deceptively represent a material fact concerning the time-share plans or time-share units, including the following: (a) The amount or period of time the units and facilities will be available to a purchaser; (b) The location or locations of the offered units and facilities; (c) The size, nature, or characteristics of the offered units and facilities; (d) The rights of a purchaser, if any, to exchange the purchaser's rights to units in one location for rights to units in another location; and (e) The contents of the contract or the purchaser's rights, privileges, or benefits under the contract; (4) Fail to honor or comply with all provisions of the contract with the purchaser; and (5) Include, in any contract, provisions purporting to waive a right or benefit provided for purchases pursuant to law.