Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 543RULES RELATING TO THE PROVISIONS OF THE TEXAS TIMESHARE ACT
RULE §543.10Exemptions
ISSUE 05/20/2022
ACTION Proposed
Preamble Texas Admin Code Rule
For purposes of §221.034(b) of the Texas Timeshare Act, the term "developer" shall include any entity in which the developer, or any affiliate of the developer, has at least a 25% interest.

The agency certifies that legal counsel has reviewed the proposal and found it to be within the state agency's legal authority to adopt.

Filed with the Office of the Secretary of State on May 6, 2022

TRD-202201793

Abby Lee

Deputy General Counsel

Texas Real Estate Commission

Earliest possible date of adoption: June 19, 2022

For further information, please call: (512) 936-3057

 

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