Nev. Rev. Stat. § 119A.040

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 119A.040 - "Developer" defined

"Developer" means any person who:

1. Creates a time-share plan or is in the business of selling time shares, other than those employees or agents of the developer who sell time shares on the developer's behalf; or

2. Succeeds to the interest of a developer by sale, lease, assignment, mortgage or other transfer.

The term includes only those persons who offer time shares for disposition in the ordinary course of business.

NRS 119A.040

Added to NRS by 1983, 977; A 2013, 1581

Amended by 2013, Ch. 334,§8, eff. 10/1/2013.

Added to NRS by 1983, 977