119A.490 - Filing of amendment of time-share instrument required.

119A.490  Filing of amendment of time-share instrument required.

      1.  Any proposed amendment by the developer of the provisions of a time-share instrument must be filed with the Division.

      2.  Unless the Division notifies the developer of its disapproval within 15 days, the amendments shall be deemed to be approved by the Division.

      (Added to NRS by 1983, 993; A 1985, 1143; 2001, 2509)