1.  A subdivision consisting of land situated in the State of Nevada or another state must not be advertised or offered for sale within the State of Nevada until the advertising and offering is approved by the Division. Each advertisement must contain the processing number assigned by the Division.

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2.  Each application for approval of advertising must be accompanied by:

(a) A filing fee based on a schedule of fees established by the Division; and

(b) Fees for inspecting the advertising and the property in amounts established by the Division.

3.  The Division shall render a decision upon an application for approval of an advertising or offering within 30 days from the date the application is filed.

4.  The Division shall adopt regulations to accomplish the purpose of this section.