Nevada Revised Statutes 119A.270 – Developers: Prohibited acts
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A developer shall not:
Terms Used In Nevada Revised Statutes 119A.270
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
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.