Amend the committee amendment, as and if amended, by adding an appropriately numbered new SECTION to read:
SECTION . Title 27, Chapter 32 of the 1976 Code is amended by adding:
"Section 27-32-380. Notwithstanding any other provision of law, the owner of a vacation time sharing plan may, at any time in the owner's discretion, forfeit his plan to his vacation time sharing association for no compensation. If the owner of a vacation time sharing plan forfeits his plan, as provided in this section, the owner is not liable for any obligations, monetary or otherwise, incurred after the forfeiture date, but remains liable for any obligations incurred prior to the forfeiture date."
Renumber sections to conform.
Amend title to conform.