Louisiana Revised Statutes 37:1448.2 – Revocation or suspension of registration
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Terms Used In Louisiana Revised Statutes 37:1448.2
- Commission: means the Louisiana Real Estate Commission. See Louisiana Revised Statutes 37:1431
- Timeshare developer: means an individual, partnership, limited liability company, corporation, or other legal entity, or the successor or assignee thereof, who creates a timeshare plan or who is in the business of making sales of timeshare interests which it owns or purports to own. See Louisiana Revised Statutes 37:1431
- Timeshare interest salesperson: means a person who directly sells or offers to sell any timeshare interest. See Louisiana Revised Statutes 37:1431
- Timeshare registrant: means timeshare interest salespersons or timeshare developers registered by the commission. See Louisiana Revised Statutes 37:1431
A timeshare registrant will within seventy-two hours of notification by the commission of the final action on the revocation or suspension of a registration issued to a timeshare interest salesperson or a timeshare developer return such registration to the commission.
Acts 1989, No. 655, §1, eff. Jan. 1, 1990.