Section 1451.100  Amendment of Registration

The developer shall amend or supplement its registration to report any material change in the information required by the Real Estate Timeshare Act of 1999. Such amendment or supplementation shall be made within 20 days after the occurrence of the material change. "Material change" means any change which alters the meaning or effect of an instrument or information, or any change which affects the rights or liabilities of any timeshare owner or any potential timeshare purchaser.