NRS119A.270. Developers: Prohibited acts.  


Latest version.
  •   A developer shall not:

          1.  Offer to sell any time shares in this state unless the developer holds either a preliminary permit to sell time shares or a permit to sell time shares issued by the Administrator pursuant to the provisions of this chapter.

          2.  Sell any time shares in this state unless the developer holds a permit to sell time shares issued by the Administrator pursuant to the provisions of this chapter.

          3.  Offer to sell or sell a time share in this state unless the developer has named a person to act as a project broker.

          4.  Offer to sell or sell a time share in this state except through a project broker.

      (Added to NRS by 1983, 979; A 2013, 3514)