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2023 Arizona Revised Statutes
Title 32 - Professions and Occupations
§ 32-2197.01 - Creation of timeshare plans; ratio
Universal Citation:
AZ Rev Stat § 32-2197.01 (2023)
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32-2197.01. Creation of timeshare plans; ratio
A timeshare plan may be created in any accommodation unless prohibited by any law or county, city or town zoning ordinance or regulation to the contrary. All timeshare plans shall maintain a one-to-one purchaser-to accommodation ratio so that the total number of purchasers eligible to use the accommodations of the timeshare plan during a given calendar year never exceeds the total number of accommodations available for use in the timeshare plan during the same calendar year. For purposes of calculating the ratio, a purchaser who is delinquent in the payment of timeshare plan assessments shall continue to be considered eligible to use the accommodations of the timeshare plan.
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