Title 44, Chapter 3, Section 168
(a) The time-share instruments for a time-share estate program may
provide for a developer control period.
(b) If the time-share instruments for a time-share estate program
provide for the establishment of a developer control period, they
shall include provisions for the following:
(1) Termination of the developer control period by action of the
(2) Termination of contracts for goods and services for the
time-share program or for units in the time-share program entered
into during the developer control period; and
(3) A regular accounting by the developer to the association as to
all matters that significantly affect the interests of owners in
the time-share program including, but not limited to, the current
status of payments under any security deed, contracts for
improvements, or other encumbrances.