There is a newer version of this Section
2019 South Dakota Codified Laws
Title 43 - Property
Chapter 15B - Time-Share Estates
§ 43-15B-1 "Time-share" defined.
Universal Citation: SD Codified L § 43-15B-1 (2019)
43-15B-1. "Time-share" defined. For purposes of this chapter, the term "time-share" means the right to use and occupy a living unit, of which the use and occupancy right is divided among persons holding similar interests within that living unit according to a fixed or variable time schedule on a periodic basis and allotted from the use or occupancy into which the time-share project is divided. There is no distinction between a "time-share use" and a "time-share estate."
Source: SL 1983, ch 273, § 1.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.