HI SB913

Clarifies that time share plan financial obligation disclosures must include a statement of the initial purchase price and a list or description of additional charges, rather than disclosing the charges themselves

Clarifies that sales agents or acquisition agents are not required to provide promotional devices or instruments before making a sales presentation, only before executing a contract with the purchaser

Intended to increase operational efficiencies for time share developers while maintaining existing consumer protection standards

Recommended for passage by the House Committee on Consumer Protection & Commerce with referral to the Committee on Finance