Statute 119a 290

1. The Administrator shall issue a preliminary permit to sell time shares to each applicant who: (a) Submits proof satisfactory to the Administrator 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; A 2013, 3515)