NRS119B.130. Application: Form; contents.

  A person wishing to offer memberships in a campground must apply to the Administrator for a permit to do so. The applicant must use the forms prescribed by the Administrator and must provide all of the following information:

      1.  His or her name and address.

      2.  If the applicant is not a natural person:

      (a) A copy of the articles of incorporation or the agreement for a partnership or joint venture;

      (b) The name and address of each director, officer, partner or affiliate. If any person named is a natural person, his or her occupation for the 5 years immediately before the date of the application must also be stated; and

      (c) The name and address of each person owning more than 10 percent of the stock or other equity of the developer.

      3.  Whether any person identified has, within the 10 years immediately before the date of the application, been convicted by a court of any felony involving theft, fraud or dishonesty and, if so, the style and number of the case, the court, the date of the judgment and the penalty imposed.

      4.  A copy of each contract or related form proposed to be used in the sale of memberships in the campground, the prices to be charged for each type of membership and the amount and purpose of any other fee or charge to be paid by a member.

      5.  A copy of each document relating to the formation, incorporation and operation of the members’ association responsible for the operation and maintenance of the amenities and common area of the campground.

      6.  A brief description of the developer’s ownership of or other right to use the properties or facilities represented to be available for use by purchasers, together with a brief description of the duration of any lease, license, franchise, reciprocal agreement or other agreement entitling the developer to use the properties and facilities, and any material provisions of those agreements which restrict a purchaser’s use of the property or which may result in the impairment of the purchaser’s exercise of his or her rights derived from membership.

      7.  A statement of the permits or other authorizations that are necessary for the operation of each facility that is represented by the developer as available for the use of a member that have not yet been obtained.

      8.  A statement of the financial condition of the developer prepared in accordance with generally accepted accounting principles and consisting of the financial statements for the most recent fiscal year of the developer that have been audited by an independent certified public accountant and the unaudited financial statements of the most recently completed fiscal quarter. The Administrator may waive the requirement for audited statements if they have been prepared by an independent certified public accountant or an independent public accountant and the Administrator is satisfied with the reliability of those statements and with the ability of the developer to meet his or her future commitments.

      9.  A description of the method used to determine the number of memberships to be sold for each campground owned by the developer and made available to members.

      10.  A copy of the disclosure required by NRS 119B.270.

      11.  The name and business address and a copy of the license of the broker of record who will supervise the sale of the memberships.

      12.  Such additional information as deemed necessary by the Administrator.

      (Added to NRS by 1985, 1658)