West Virginia Code 36-9-2 – Purposes
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The purposes of this article are to:
Terms Used In West Virginia Code 36-9-2
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
- Time-sharing plan: means any arrangement, plan, scheme or similar device, other than an exchange program, whether by membership, agreement, tenancy in common, sale, lease, deed, rental agreement, license or right-to-use agreement or by any other means, whereby a purchaser, in exchange for a consideration receives a right to use accommodations or facilities, or both, for a specific period of time less than a full year during any given year, but not necessarily for consecutive years, and which extends for a period of more than three years. See West Virginia Code 36-9-4
(a) Give statutory recognition to real property time- sharing in the state;
(b) Establish procedures for the creation, sale and operation of time-sharing plans; and
(c) Require every time-sharing plan offered for sale or created and existing in this state to be subjected to the provisions of this article.