NRS 119A.270

Developers: Prohibited acts

Applied in 1 court decision — leading case Nevada Employment Security Department v. Capri Resorts, Inc. (1988)

Most recently applied in Nevada Employment Security Department v. Capri Resorts, Inc. (October 1988)

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

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.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.