NRS119B.260. Approval of advertisement or offering.

Latest version.

      1. A membership must not be advertised or offered for sale within this state until the advertisement is approved by the Administrator.

      2. Each application for the approval of advertising must:

      (a) Include the form and content of advertising to be used;

      (b) Include the nature of the offer of gifts or other free benefits to be extended; and

      (c) Be accompanied by a filing fee of not more than $200, to be established by the Administrator.

      3. The Administrator shall render a decision upon an application for the approval of advertising or an offer for sale within 30 days after the date the application is filed.

(Added to NRS by 1985, 1668; A 1993, 2297)

                    
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