119A.290 - Preliminary permits. - Nevada Statutes

119A.290  Preliminary permits.

      1.  The Administrator shall issue a preliminary permit to sell time shares to each applicant who:

      (a) Submits proof satisfactory to the Division that all of the requirements for a permit to sell time shares will be met;

      (b) Applies for the preliminary permit in the manner provided by the Division; and

      (c) Pays the fee provided for in this chapter.

      2.  A preliminary permit entitles the developer to solicit and accept reservations to purchase time shares.

      (Added to NRS by 1983, 979)