HOUSE BILL 385

Sponsored By:

Delegates Bozman, Conway, and McClenahan

Entitled:

Time-Shares - Termination

Synopsis:

Authorizing an association of time-share owners to amend its time-share instrument to prevent termination of time-shares in a project as set forth in the time-share instrument; authorizing an association to provide that time-share owners shall continue to own, use, enjoy, and retain specified rights in their time-shares after the termination date set forth in the time-share instrument; providing for the transfer of specified rights and duties; etc.

History by Legislative Date

House Action

1/28

First Reading Economic Matters

1/30

Hearing 2/5 at 1:00 p.m.

2/18

Favorable Report by Economic Matters

2/19

Favorable Report Adopted

Second Reading Passed

2/21

Third Reading Passed (137-0)

3/31

Returned Passed

4/9

Signed by the Governor Chapter 62

Senate Action

2/25

First Reading Judicial Proceedings

3/13

Hearing 3/21 at 1:00 p.m.

3/29

Favorable Report by Judicial Proceedings

3/30

Favorable Report Adopted

Second Reading Passed

3/31

Third Reading Passed (47-0)

Sponsored by:

Delegate K. Bennett Bozman, District 38

Delegate Norman H. Conway, District 38

Delegate Charles A. McClenahan, District 38

Bill indexed under the following Subjects:

NOTICES

TIMESHARING

Bill affects the following Statute:

Real Property

( 11A-108.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

February 21, 2002: Third Reading Passed (137-0)

Senate

March 31, 2002: Third Reading Passed (47-0)