La. Rev. Stat. § 9:1131.11
This is the official text of La. Rev. Stat. § 9:1131.11, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Public offering statement; when not required
Official statutory text
A. The developer shall not be required to prepare and distribute a public offering statement if the developer has registered and there has been issued a public offering statement or similar disclosure document which is provided to purchasers under the Securities and Exchange Act of 1933.
B. A public offering statement need not be prepared or delivered in the case of:
(1) Any transfer of timeshare interest by any timeshare interest owner other than the developer or his or her agent.
(2) Any disposition pursuant to court order.
(3) A disposition by a government or governmental agency.
(4) A disposition by foreclosure or deed in lieu of foreclosure.
(5) A gratuitous transfer of a timeshare interest.
Added by Acts 1983, No. 552, §1.
B. A public offering statement need not be prepared or delivered in the case of:
(1) Any transfer of timeshare interest by any timeshare interest owner other than the developer or his or her agent.
(2) Any disposition pursuant to court order.
(3) A disposition by a government or governmental agency.
(4) A disposition by foreclosure or deed in lieu of foreclosure.
(5) A gratuitous transfer of a timeshare interest.
Added by Acts 1983, No. 552, §1.
Status: in_force · Read it on the official government site
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