The term of a final public report shall be limited to five years. A renewal shall be issued if the developer, owner, or agent makes application for renewal of any report and has submitted the additional information that the commissioner may require.
Cal. Bus. & Prof. Code § 11228
Registration, Sale Requirements, and Fees
Known as the Vacation Ownership and Time-share Act
The act spans §§ 11210–11288 (64 sections).
Added by Stats. 2004, Ch. 697, Sec. 14
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.