The new regulation establishes the registration requirements for time-share projects in the Commonwealth. In addition, the regulation provides annual reporting requirements, information regarding implementation and amendment of public offering statements, and marketing standards.
states in part that the Board shall have the power and duty to promulgate regulations to carry out the requirements of Chapter 23.3
of Title 54.1
of the Code of Virginia
|Exempt from APA
No, changes to this chapter are subject to the Administrative Process Act.
|Text of Regulation
|Link to Virginia Administrative Code
|Goals of Regulation
To promulgate regulations that establish the registration requirements for time-share projects in the Commonwealth.
See all meetings (1) relating to this chapter.