1. If the Administrator denies an application for a permit to sell time shares, an amendment to the statement of record or the renewal of a permit to sell time shares, the applicant may, within 30 days, file a written request for a hearing. The Administrator shall set the matter for hearing to be conducted within 90 days after receipt of the applicant’s request, unless the applicant requests a postponement of the hearing at least 3 working days before the date set for hearing. If such a request is made by the applicant, the date of the hearing must be agreed upon between the Division and the applicant. 2. If the Division fails to: (a) Hold the hearing within 90 days or within the extended time if a postponement is requested; (b) Render its decision within 60 days after the hearing; or (c) Notify the applicant in writing, by its order, within 15 days after its decision was made, the order of denial expires and the Division shall issue, within 15 days, a permit to sell time shares to the developer. (Added to NRS by 1983, 981; A 2013, 3518)
Nevada Legal Code