TITLE 44 PROPERTY

Section 3. Regulation of Specialized Land Transactions, 44-3-1 through 44-3-250.

ARTICLE 5 TIME-SHARE PROJECTS AND PROGRAMS

44-3-194. Records required to be kept by developer or agents.

Any developer or its agents shall keep among its business records and make reasonably available for examination to the purchaser or the time-share program's association or its authorized agent the following:

1. A copy of each item required by this article;
2. A copy of the sales agreement from each sale of a time-share interval in the time-share project, which sales agreement shall be retained for a period of at least three years after parties to the sale have completely performed all of their obligations thereunder; and
3. A list of all employees or independent contractors, including their last known mailing address, which list shall include all current and previous employees or independent contractors whose employment or contract has been terminated within the preceding three years.

(Code 1981, §44-3-200, enacted by Ga. L. 1983, p. 1255, § 1; Code 1981, §44-3-194, as redesignated by Ga. L. 1995, p. 1260, § 1; Ga. L. 1996, p. 6, § 44.)