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Code · Nevada · CHAPTER 119A - TIME SHARES

NRS 119A.040 “Developer” defined.

76 words·~1 min read·/nv/chapter-119a-time-shares/119a-040

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