2020 South Dakota Codified Laws
Title 43 - Property
Chapter 15B - Time Share Estates
Section 43-15B-1 - "Time-share" defined.

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, ยง1.

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