61B-40.007 — Financial Reporting Requirements

Administrative rule 61B-40.007 established financial reporting requirements for timeshare associations.

The rule prescribes standards for timeshare accounting, maintenance of books and financial records, budget preparation, reserves, and financial reporting obligations. The rule is codified within Chapter 61B-40, which governs the scope, documentation, and reporting framework for timeshare financial management.

Timeshare associations subject to Florida timeshare law.

Effective December 18, 2001.