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SB 229 IN

Various transaction matters.

IN · session 2026 · Senate · bill

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Introduced Jan 8, 2026

Latest action (Jan 8, 2026) First reading: referred to Committee on Judiciary

Summary

Provides that certain conditions must be met before a person may sign a sales contract to purchase an interest in a time share unit. Provides that a purchaser has the right to cancel a camping club membership or time share purchase within 14 days after the execution of the sales contract, excluding Sundays and legal holidays (current law is 72 hours). Prohibits a notary public from performing a notarial act for a transaction when the notary public is an: (1) interest holder; or (2) officer, director, manager, or other agent; of a party to the transaction.

Sponsor (1)

Action history (2)
  1. Jan 8, 2026 Authored by Senator Donato · upper
  2. Jan 8, 2026 First reading: referred to Committee on Judiciary · upper
Subjects
CIVIL LAW AND PROCEDURE; Contracts and Legal DocumentsCIVIL LAW AND PROCEDURE; Liabilities, Damages, and PenaltiesRECREATION AND ENTERTAINMENTSTATE GOVERNMENT; Notaries Public

Full text

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