NRS 119B.385 – Appointment of receiver.
1. When the Administrator ascertains that an association of members or a developer, if there is no association, is insolvent or in imminent danger of insolvency or the association’s or developer’s affairs are being mismanaged, the Administrator may file a complaint in the district court of the county in which the principal office of the […]
NRS 119B.390 – Action by Real Estate Commission against broker.
The Real Estate Commission may take action pursuant to NRS 645.630 against any broker who fails to supervise adequately the conduct of any person engaged in the sale of memberships offered pursuant to the provisions of this chapter. (Added to NRS by 1985, 1671)
NRS 119B.395 – Administrative fine for engaging in certain conduct without permit or authorization; procedure for imposition of fine; judicial review; exceptions.
1. In addition to any other remedy or penalty, the Administrator may impose an administrative fine against any person who knowingly: (a) Engages or offers to engage in any activity for which a permit or any type of authorization is required pursuant to this chapter, or any regulation adopted pursuant thereto, if the person does […]
NRS 119B.400 – Acting as broker, broker-salesperson, salesperson, sales agent or registered representative without license or registration.
Unless the transaction is exempt under the provisions of NRS 119B.120, it is unlawful for any person to act as a broker of record, broker-salesperson, salesperson, sales agent or registered representative in this State in connection with the sale of memberships without first obtaining a license or registering pursuant to the provisions of chapter 645 […]
NRS 119B.410 – Falsifying application; failure to submit annual report.
Any person who willfully submits, in the application for a permit to sell contracts of membership, any materially false or misleading information or fails to submit an annual report on a program for the exchange of occupancy rights among members is guilty of a misdemeanor. (Added to NRS by 1985, 1671)
NRS 119B.420 – False or misleading advertising.
1. It is unlawful for any person to use false or misleading information to advertise the sale of contracts of membership. 2. Unless a person has actual knowledge of the false or misleading information, the owner, publisher, licensee or operator of any newspaper, magazine, television or radio broadcasting station or his or her agents or […]
NRS 119B.430 – Unfair methods of competition; deceptive or unfair practices.
It is unlawful to engage in unfair methods of competition or deceptive or unfair practices in the offer to sell or sale of a membership. These practices include, without limitation: 1. Misrepresenting or failing to disclose any material fact concerning a campground or membership. 2. Including in any agreement for purchase of a membership provisions […]
NRS 119B.300 – Formation of association of members; incorporation; proxies.
1. The developer may form an association of the members. The association may be incorporated. 2. The state of incorporation may be: (a) This state; (b) The state in which the campground is located; or (c) Any state where the developer has obtained a permit to sell memberships. 3. If an association is incorporated, the […]
NRS 119B.310 – Agreement for management of campground.
1. If an association is formed, a developer or an affiliate of the developer shall provide for the management of the campground by a written agreement with the association. The initial term of the agreement must expire upon the first annual meeting of the members of the association or at the end of 5 years, […]
NRS 119B.320 – Annual budget; insurance; payment of assessments for unsold memberships.
1. The association, or if no association has been formed the developer, shall adopt an annual budget for revenues, expenditures and reserves and collect assessments for the expenses of the campground from the members. The initial budget must be approved by the Administrator. The Administrator may require the developer to submit, at the developer’s own […]