Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE10 PROPERTY RIGHTS AND TRANSACTIONS |
CHAPTER119A. Time Shares |
PROGRAMS FOR EXCHANGE OF OCCUPANCY RIGHTS |
NRS119A.620. Information to be furnished to Division and secretary of association; liability for information and representations.
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1. A company whose program for the exchange of occupancy rights among owners or with the owners of time shares in other time-share plans, or both, is offered to purchasers of time shares in this state shall, on or before July 1 of each year, file with the Division and secretary of the association the information required by subsection 1 of NRS 119A.590 as it relates to that plan.
2. No developer is liable for the use, delivery or publication of information provided to it by the company.
3. Except as otherwise provided in this subsection, no company is liable for:
(a) Any representation made by the developer relating to the program or company.
(b) The use, delivery or publication by the developer of any information relating to the program or company.
Ê Such a company is liable only for the written information provided to the developer by the company.
(Added to NRS by 1983, 988; A 2001, 2515)