Subject to the provisions of § 1269a of this title, this chapter shall be the sole and exclusive law of Puerto Rico governing the creation and disposition of accommodations, timeshares and vacation club rights; no timeshare plan or vacation club or component site thereof, the creation and operation of which, and the offer and disposition of timeshares or vacation club rights or accommodations in connection with which, complies fully with all of the provisions of this chapter, shall be subject to any other statute which, but for the enactment of this chapter, would require registration with the Company or another local regulatory authority as a legal prerequisite to the offer and disposition of timeshares or vacation club rights or accommodations in Puerto Rico or the applicable local jurisdiction.\nHistory —Dec. 26, 1995, No. 252, § 13-102, renumbered as § 14-102 on July 29, 2010, No. 106, § 10.