GroundRules
← Search the law
Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 34-41-3.03: Powers and duties in absence of managing entity.

Read at publisher ↗
Where this section sits in the code
  1. Title 34 Property
  2. Chapter 41 Rhode Island Real Estate Time-Share Act
  3. Article III Management of the Time-Share Property

The developer has the duties imposed on the managing entity by this chapter and the powers listed in § 34-41-3.02(a)(1) — (11) until a managing entity is provided or the developer and his or her affiliates own no estate or interest in the time-share property. Thereafter, if there is no managing entity and the number of time shares in the time-share property is twelve (12) or fewer, the time-share owners have those powers subject to any provisions of the time-share instrument relating to the manner of the exercise thereof and have the responsibilities and liabilities of an association for the purposes of §§ 34-41-3.06 and 34-41-3.07. To the extent that the time-share instrument is silent with respect to the manner of exercise of any of those powers, the time-share owners may exercise them only by unanimous action.

Collected 2026-09-05T19:58:53Z. Source file · JSON

Browse this collection