(1) If the purchaser will own or
acquire title to specified real property or improvements to be
acquired by the camping resort, the director may by order require
to the extent necessary to protect the interests of the
purchasers or owners of camping resort contracts, that an
appropriate portion of the proceeds paid under those camping
resort contracts be placed in a separate reserve fund to be set
aside and applied toward the purchase price of the real property,
improvements, or facilities.
(2) The director may take any of the actions authorized in
RCW 18.235.110 against a registration in which the registrant is
advertising or offering annual or periodic dues or assessments by
members that the director finds would result in the registrant's
future inability to fund operating costs.
[2002 c 86 § 272; 1988 c 159 § 10; 1982 c 69 § 6.]
NOTES:
Effective dates -- 2002 c 86: See note following RCW 18.08.340.
Part headings not law -- Severability -- 2002 c 86: See RCW 18.235.902 and 18.235.903.