§514E-10.5  Consultant review of developer
filing.  The director may contract with private consultants in connection
with the review of the filing required of time share developers pursuant to
section 514E-10(a) and [(e)].  The cost of contracting private consultants
shall be borne by the developer; provided that the consultant review required
under this section shall not affect the scope of the review under section
514E-27 that the director may request for filings that encompass alternative
arrangements for purchaser protection.  The consultant shall be asked to
thoroughly review the filing for the purpose of examining its compliance with
the requirements of this chapter and any rule adopted by the director,
including the documentation and other provided materials.  Upon completing the
review, the consultant shall provide a written analysis of the filing and an
opinion of the nature and extent to which it complies with this chapter and
adopted rules.  The director may adopt rules pursuant to chapter 91 to further
delineate the duties of the consultant in undertaking the review and analysis
required pursuant to this section. [L 1984, c 41, pt of §1; am L 1994, c 91,
§2]