Tennessee § 66-32-207 - Developers subject to commission — Prerequisites to vacation club offering.
Full text of Tennessee Tennessee Code Annotated § 66-32-207 — Developers subject to commission — Prerequisites to vacation club offering., with citation guidance and answers to common questions.
§ 66-32-207. Developers subject to commission — Prerequisites to vacation club offering.
A developer of a vacation club interest shall in all respects be subject to the authority of the commission and any rules and regulations promulgated by the commission. Unless specifically exempted, a developer of a vacation club interest may not offer or dispose of a vacation club interest unless it is registered with the commission under § 66-32-123, and pays any fee required by § 66-32-123. Prior to offering any vacation club intervals in a vacation club, a developer shall provide the commission: Satisfactory evidence of the existence of the time-share intervals that are part of the vacation club; The marketing plan for the vacation club; Proof of ownership or a leasehold estate of the time-share intervals that are part of the vacation club; and Satisfactory proof of compliance with this part, including, but not limited to, a public offering statement, escrow of deposits, cancellation rights, advertising and promotional offers. Acts 1995, ch. 90, § 9.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 66-32-207
What does Tennessee Code Annotated § 66-32-207 cover?
Section 66-32-207 ("Developers subject to commission — Prerequisites to vacation club offering.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 66-32-207?
A common citation format is "Tennessee Code Annotated § 66-32-207" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 66-32-207 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.