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 08/26/2022
ACTION Final/Adopted
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 adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on August 10, 2022

TRD-202202986

Abby Lee

Deputy General Counsel

Texas Real Estate Commission

Effective date: August 30, 2022

Proposal publication date: May 20, 2022

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

 

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