May 14, 2020

Timeshare Programs

Timeshare Programs

Fractional Ownership and Timeshare Programs: Are They Subject to the Securities Act of 1933 and Securities Exchange Act of 1934?
      Kenneth P. Krohn, 54(3): 1181–1227 (May 1999)
The sale of interests in fractional ownership and timeshare programs may, under certain circumstances, be subject to the remedies and liabilities of the U.S. securities laws. This Article discusses the attributes of two types of programs: aircraft fractional ownership and resort timeshare programs. It then presents the principles to consider in determining whether the securities laws apply to them. The Article concludes with recommendations to avoid application of the securities laws to the programs.

Task Force Introductory Report and Background Considerations Model Intellectual Property Security Agreement
     Model Intellectual Property Security Agreement Task Force, Commercial Finance committee and Uniform Commercial Code committee, ABA Business Law Section, 771(3): 849-932 (Summer 2016)