Time shares: management and governance.

The Vacation Ownership and Time-share Act of 2004 requires a time-share association to maintain among its records a complete list of the names and addresses of all owners of time-share interests in the time-share plan. The list is required to be updated at least every 6 months. Existing law prohibits the association from publishing the list or providing a copy of it to any time-share interest owner or to any 3rd party, or using or selling the list for commercial purposes, unless otherwise provided in the time-share instruments. This bill would instead require the time-share association to maintain a complete list of the names and postal addresses of all owners of time-share interests in the time-share plan and to update the list at least every 12 months. The bill would revise provisions applicable to release of the list, by deleting authority for the time-share instruments to provide for its release, and instead requiring the association to obtain an owner's consent to the sharing of their contact information in accordance with specified existing law. This bill would require that contact information for owners who do not consent to be shared in a designated manner in response to a member's demand, but not to be provided directly to a member as specified under an existing provision.