ARSD 20:69:13:01. Definition of time-share agent

A time-share agent is a person who works for another person for compensation and performs at least one of the following functions: (1) Directly or indirectly lists, sells, exchanges, buys, rents, manages, offers, or attempts to negotiate a sale, option, exchange, purchase, lease, or rental of an interest or use in a time-share estate; (2) Advertises as engaging in or holds out to be engaged in any of the activities listed in subdivision (1) of this section; or (3) Directly or indirectly negotiates, offers, or attempts to negotiate a loan or financing for the purchase of a time-share estate.