Time-share plans and properties are treated like regular products being sold. The rules about selling products in Missouri apply to them too. If someone breaks the rules in the time-share laws, that person has committed a class A misdemeanor, which is a crime that can come with fines or jail time.
Classifications stated in the statute. Actual outcomes vary.
407.630. Violation of regulations — . — 1. A or is under the of this chapter and the sale or offering for sale of such plans or property shall be subject to the provisions of sections 407.010 to 407.140, unless otherwise specifically provided in sections 407.600 to 407.630.
Tap any gold-underlined word to see what it means.
Red section numbers link to that law.
Source & history notes
(L. 1985 H.B. 96, et al.) Effective 5-31-85
Related Missouri laws
Exchange program
RSMo 407.625
Definitions
RSMo 407.635
Credit service organization
RSMo 407.637
Prohibited activities
RSMo 407.638
Copy of bond to be filed with director of finance
RSMo 407.639
Cancellation of purchase
RSMo 407.620
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.