SUBPART D.  PROTECTION OF PURCHASERS


§1124.101.  Applicability; waiver


A.  This Subpart applies to all units subject to this Part, except as provided in Subsection B.


B.  A public offering statement need not be prepared or delivered in the case of:


(1)  A gratuitous transfer of a unit.


(2)  A disposition pursuant to court order.


(3)  A disposition by foreclosure or giving in payment, or


(4)  A transfer to which Section 1124.107 applies.


Acts 1979, No. 682, §1.