2972

LAWS OF MARYLAND

Ch. 579

(3)  PAYMENT BY THE DEVELOPER OF TIME-SHARE EXPENSES;

(4)   SELECTION OF A MANAGING ENTITY TO ACT FOR AND ON
BEHALF OF THE DEVELOPER SHOULD THE DEVELOPER ELECT NOT TO
UNDERTAKE THE DUTIES, RESPONSIBILITIES, AND OBLIGATIONS OF BEING
THE MANAGING ENTITY FOR THE TIME-SHARE LICENSE PLAN;

(5)  PROCEDURES FOR ESTABLISHING THE RIGHTS OF
TIME-SHARE LICENSEES TO OCCUPANCY, USE, AND ENJOYMENT OF
TIME-SHARE UNITS BY PREARRANGEMENT OR UNDER A FIRST RESERVED,
FIRST SERVED PRIORITY SYSTEM;

(6)  PROCEDURES FOR ASSESSMENT AND COLLECTION OF
TIME-SHARE EXPENSES FROM TIME-SHARE LICENSEES;

(7)  COMPREHENSIVE GENERAL LIABILITY INSURANCE FOR
DEATH, BODILY INJURY, AND PROPERTY DAMAGE ARISING OUT OF, OR IN
CONNECTION WITH, THE OCCUPANCY, USE, AND ENJOYMENT OF TIME-SHARE
UNITS BY TIME-SHARE LICENSEES, THEIR GUESTS, AND OTHER USERS.
THE INSURANCE REQUIRED BY THIS SUBSECTION SHALL BE IN ADDITION TO
THE INSURANCE REQUIRED BY § 11A-111. THE DEVELOPER SHALL PAY THE
COSTS OF SECURING AND MAINTAINING THE INSURANCE UNTIL THE
DEVELOPER CONTROL PERIOD ENDS, AFTER WHICH TIME THE COSTS WILL BE
PAID BY THE ASSOCIATION. NOTHING HEREIN SHALL BE CONSTRUED TO
OBLIGATE THE DEVELOPER TO SECURE INSURANCE ON THE CONDUCT,
PERSONAL EFFECTS, OR PROPERTY OF THE TIME-SHARE LICENSEES, THEIR
GUESTS, AND OTHER USERS;

(8)  METHODS OF PROVIDING AN ALTERNATE USE PERIOD OR
MONETARY COMPENSATION TO A TIME-SHARE LICENSEE IF A TIME-SHARE
UNIT CANNOT BE MADE AVAILABLE FOR THE PERIOD TO WHICH THE
LICENSEE IS ENTITLED BY SCHEDULE OR BY A CONFIRMED RESERVATION;
AND

(9)  PROCEDURES FOR IMPOSING A MONETARY PENALTY,
SUSPENSION OF A TIME-SHARE LICENSEE'S RIGHTS, OR TERMINATION OF
THE TIME SHARE LICENSE UPON FAILURE TO COMPLY WITH THE PROVISIONS
OF THE TIME-SHARE INSTRUMENT, TO OBEY RULES AND REGULATIONS
ESTABLISHED BY THE DEVELOPER, OR TO PAY TIME-SHARE EXPENSES

CHARGED AGAINST THE TIME-SHARE LICENSEE. EXCEPT WHEN THE

TIME SHARE LICENSEE HAS FAILED TO PAY CHARGES FOR MORE THAN 60
DAYS AFTER THEY ARE DUE, THE LICENSEE SHALL BE GIVEN NOTICE AND
THE OPPORTUNITY TO ANSWER IN PERSON OR IN WRITING TO THE
COMMISSION BEFORE A DECISION TO IMPOSE A MONETARY PENALTY OR A
SUSPENSION OF RIGHTS IS RENDERED.

11A-108.

(A) NO ACTION FOR PARTITION OF A TIME SHARE UNIT MAY BE
MAINTAINED EXCEPT AS PERMITTED BY THE TIME SHARE INSTRUMENT OR
THIS SECTION.

(B) (A) TIME-SHARES SHALL TERMINATE AT THE END OF THE TERM
OF THE TIME-SHARE PLAN AS SET FORTH IN THE TIME-SHARE INSTRUMENT.