The North Carolina Securities Act, Chapter 78A, shall also apply, in addition to the laws relating to real estate, to timeshares deemed to be investment contracts or to other securities offered with or incident to a timeshare; provided, however, in the event of the applicability of the North Carolina Securities Act, any offer or sale of timeshares registered under this Article shall not be subject to the provisions of G.S. 78A-24 and any real estate broker registered under Article 1 of this Chapter shall not be subject to the provisions of G.S. 78A-36.
N.C. Gen. Stat. § 93A-50
Securities laws apply
Known as the North Carolina Timeshare Act
The act spans §§ 93–93 (34 sections).
1983, c. 814, s. 1; 2000-140, s. 19(b); 2005-395, s. 21; 2021-163, s. 1(c); 2021-192, s. 5(a).
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.