2011 Nevada Revised Statutes
Chapter 119A - Time Shares
NRS 119A.320 - Period for action on application.
1. The Division shall issue an order, within 30 days after the receipt of an application for a permit to sell time shares, notifying the applicant of its decision to:
(a) Issue a preliminary permit to sell time shares, including a list of all deficiencies, if any, which must be corrected before a permit is issued; or
(b) Deny the application and list the reasons for denial.
2. The Division shall, within 45 days after:
(a) The receipt of evidence that the deficiencies in the application for a permit to sell time shares are cured, issue a permit to sell time shares or deny the application and list the reasons for denial; or
(b) The issuance of a preliminary permit, issue a permit to sell time shares.
(Added to NRS by 1983, 981)
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