Public-domain · open source
OpenJurist

§ 47-11-11.1 NMSA 1978

Register of applicants; roster of registrants; registered projects; financial report to secretary of state

Known as the New Mexico Time Share Act

The act spans §§ 47–47 (16 sections).

Laws 1986, ch. 97, § 13; 1978 Comp., § 61-29-5.1, recompiled as 1978 Comp., § 47-11-11.1.

A. The executive secretary of the commission shall keep a register of all applicants for certificates of registration, showing for each the date of application, name, business address and whether the certificate was granted or refused.

B. The executive secretary of the commission shall also keep a current roster showing the name and address of all time share projects registered with the commission. The roster shall be kept on file in the office of the commission and be open to public inspection.

C. On or before the first day of September of each year, the commission shall file with the secretary of state a copy of the roster of time share projects registered with the commission and a report containing a complete statement of income received by the commission in connection with the registration of time share projects for the preceding fiscal year ending June 30 attested by the affidavit of the executive secretary of the commission.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.