119A.270 - Developers: Prohibited acts.
119A.270 Â Developers: Prohibited acts. Â A developer shall not:
1. Â 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.
2. Â Sell any time shares in this state unless the developer holds a permit to sell time shares issued by the Administrator.
3. Â 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. Â Offer to sell or sell a time share in this state except through a project broker.
(Added to NRS by 1983, 979)