655 - Restriction on conveyance of campgrounds.

§  655.  Restriction  on  conveyance  of campgrounds. 1. No membership  campground operator shall convey or  transfer  a  membership  campground  unless the transferee takes title or possession subject to all rights of  purchasers;   or   the   membership   campground   operator  immediately  substitutes for the  use  of  purchasers  another  campground  which  is  located  within a fifty-mile radius and is at least as desirable for the  purpose of camping  and  outdoor  recreation  as  the  campground  being  conveyed or transferred.    2.  For the purpose of this section, the terms "convey" and "transfer"  shall not include the granting of a security interest in or the pledging  of the property for financing purposes, but shall include the assignment  of any leasehold interest  the  campground  operator  may  have  in  the  campground property.