Georgia § 44-3-161 - Purpose of article.
Full text of Georgia Official Code of Georgia Annotated § 44-3-161 — Purpose of article., with citation guidance and answers to common questions.
§ 44-3-161. Purpose of article.
The purposes of this article are to: Give statutory recognition to real property timesharing in this state; Regulate developers of time-share estate and time-share use projects located in this state and outside this state when offered for sale in this state; Require that developers of time-share projects: Make certain disclosures to purchasers and prospective purchasers through the use of a public offering statement; Deposit trust funds with an escrow agent; Utilize only licensed real estate brokers as sales agents if required by Chapter 40 of Title 43; and Comply with promotional advertising standards; Establish operating standards for time-share project managing agents and exchange programs operating in this state; and Provide for sanctions for violations of any provisions of this article which will permit: Courts of competent jurisdiction to impose fines or imprisonment for misdemeanors and felonies; and A claim for appropriate relief by any person adversely affected. (Code 1981, § 44-3-161 , enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1995, p. 1260, § 1.)
Frequently Asked Questions About Georgia § 44-3-161
What does Official Code of Georgia Annotated § 44-3-161 cover?
Section 44-3-161 ("Purpose of article.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 44-3-161?
A common citation format is "Official Code of Georgia Annotated § 44-3-161" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 44-3-161 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.